Internal Revenue Laws of the Philippine Islands in Force And Effect July 1 1921
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An internal-revenue bonded warehouse may be maintained in the city of Manila for the storing of imported or manufactured goods which are subject to a specific tax. The taxes on such goods shall be payable only upon removal from such warehouse, and a reasonable charge shall be made for their storage therein. The collector of internal revenue may, in his discretion, exact a bond to secure the payment of the tax on any goods so stored.
[26571700. ] SEC. 1559. Proof of exportation Exporters bond. E...xporters of goods that would be subject to a specific tax if sold or removed for consumption in the Philippine Islands shall submit proof of exportation satisfactory to the collector of internal revenue, and when the same is deemed necessary, shall be required to give a bond INTERNAL REVENUE LAWS. 53 prior to the removal of the goods for shipment, conditioned for the exportation of the same in good faith.
[26571701. ] SEC. 1560. Manufacturers^ and importers'* bonds. Manufacturers and importers of articles subject to a specific tax shall give bond-in - an amount equal, as nearly as can be estimated, to 20 per centum of the taxes payable by them during an average year.
What to read after Internal Revenue Laws of the Philippine Islands in Force And Effect July 1 1921?
You can find similar books in the "Read Also" column, or choose other free books by Philippines to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
An internal-revenue bonded warehouse may be maintained in the city of Manila for the storing of imported or manufactured goods which are subject to a specific tax. The taxes on such goods shall be payable only upon removal from such warehouse, and a reasonable charge shall be made for their storage therein. The collector of internal revenue may, in his discretion, exact a bond to secure the payment of the tax on any goods so stored.
[26571700. ] SEC. 1559. Proof of exportation Exporters bond. E...xporters of goods that would be subject to a specific tax if sold or removed for consumption in the Philippine Islands shall submit proof of exportation satisfactory to the collector of internal revenue, and when the same is deemed necessary, shall be required to give a bond INTERNAL REVENUE LAWS. 53 prior to the removal of the goods for shipment, conditioned for the exportation of the same in good faith.
[26571701. ] SEC. 1560. Manufacturers^ and importers'* bonds. Manufacturers and importers of articles subject to a specific tax shall give bond-in - an amount equal, as nearly as can be estimated, to 20 per centum of the taxes payable by them during an average year.
What to read after Internal Revenue Laws of the Philippine Islands in Force And Effect July 1 1921?
You can find similar books in the "Read Also" column, or choose other free books by Philippines to read onlineMoreLess
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