Stamp tax upon acceptance of bills of exchange others.
Section 230
SEC. 230. Stamp tax upon acceptance of bills of exchange others.—Upon any acceptance or payment of any bill exchange or order for the payment of money purporting to be drawn in a foreign country but payable in the Philippines, there shall be collected a documentary stamp tax of six centavos on each two hundred pesos, or fractional part thereof, of the face value of any such bill of exchange or order, or the Philippine equivalent of such value, if expressed in foreign currency.