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Section 63. Section 190 of the NIRC, as amended, is hereby further - Taxation Laws (compiled codal)

Section 63. Section 190 of the NIRC, as amended, is hereby further of Taxation Laws (compiled codal). Section 63. Section 190 of the NIRC, as amended, is hereby further amended to read as follows: "Sec. 190. Stamp Tax on Jai-alai, Horse Race, Tick

  • Subjects 9 Bar syllabus groups
  • Codals 48 Primary legal sources

Taxation Laws (compiled codal)

Section 63. Section 190 of the NIRC, as amended, is hereby further amended to read as follows:

"Sec. 190. Stamp Tax on Jai-alai, Horse Race, Tickets, Lotto or Other Authorized Numbers Games. - On each jai-alai, horse race ticket, lotto, or other authorized numbers games, there shall be collected a documentary stamp tax of Twenty centavos (₱0.20): Provided, That if the cost of the ticket exceed One peso (₱1.00), an additional tax of Twenty centavos (₱0.20) on every One peso (₱1.00), or fractional part thereof, shall be collected."

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