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CA 466 Section 250

Times for payment of tax.

Section 250

SEC. 250. Times for payment of tax. — Increase of tax in case of delinquency. — These taxes shall be due at intervals of six months-namely, on the first of January and July for the respective preceding half-year periods; and if any such tax remains unpaid for four months thereafter, the amount of the tax shall be increased by twenty-five per centum, the increment to be a part of the tax.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER I - Taxes on Resources of Banks →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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