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RR No. 02-40

INCOME TAX REGULATIONS

REVENUE REGULATIONS NO. 02-40 | 1940-02-10

REVENUE REGULATIONS NO. 02-40
February 10, 1940
 
INCOME TAX REGULATIONS
 
SECTION 1. Scope. — In accordance with the provisions of Sections 4 (I) and 338 of Commonwealth Act No. 466, otherwise known as the National Internal Revenue Code, the following regulations affecting Sections 19 to 84 of the same Code relating to the income tax are hereby promulgated to supersede all circulars, precedents, rulings, and regulations heretofore published on the same subject, and they shall be known as Revenue Regulations No. 2, or the Income Tax Regulations:
 
(Only the section numbers of the Code are given below as their texts will...