PD 1154 Section 2

Section 2

SEC. 2. Section 29 (b) of the National Internal Revenue Code, as amended, is hereby further amended by addinga new paragraph thereto read as follows: " SEC. 29 (b). Exclusions from gross income.- " (8) Interest earned on commercial papers issued in the primary market as principal instrument subjected to the final tax under Section 195-C.

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Other provisions in PD 1154

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationPD 1154 Section 2 (LawPlayer, data as of July 4, 2026)

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

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