REPUBLIC ACT No. 4907
An Act to Further Amend Section One Hundred and Forty-Seven of Commonwealth Act Numbered Four Hundred and Sixty-Six, Otherwise Known as the National Internal Revenue Code
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
Section 1. Section one hundred and forty-seven of Commonwealth Act Numbered Four hundred and sixty-six, otherwise known as the National Internal Revenue Code, as amended, is hereby further amended to read as follows:
"Sec. 147. Specific Tax on Playing Cards.— (a) On each pack of cards regardless of the size thereof containing not more than sixty cards, there shall be collected a tax of three pesos.
"(b) On each pack containing more than sixty cards, there shall be collected the tax established in subsection (a) and a proportionate additional tax on the number in excess of sixty: Provided, However, That the maximum amount that shall be collected on one pack shall not exceed seven pesos."
Section 2. This Act shall take effect upon its approval.
Approved: June 17, 1967.
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