Question & AnswerQ&A (Republic Act No. 1583)
The primary purpose of Republic Act No. 1583 is to amend Section 3 of Commonwealth Act No. 567, specifically to adjust the tax on land devoted to the cultivation of sugar cane that is leased or otherwise ceded to others for a consideration.
Section 3 of Commonwealth Act No. 567 regulates the taxation on manufacturers of sugar and imposes a tax on owners of sugar lands held by others under lease or contract, to raise revenue and stabilize the sugar industry.
Republic Act No. 1583 amends Section 3 by specifying that when sugar cane cultivation land is leased or ceded for a consideration, the owner or person in control must pay a tax equivalent to the difference between the money value of the rental or consideration and twenty percent of the assessed value of the land.
The owner or the person in control of the land devoted to the cultivation of sugar cane who leases or cedes such land to others for a consideration is liable to pay the tax.
The tax is calculated as the difference between the rental or consideration collected for the land and twenty percent of the assessed value of such land.
Yes, Section 2 of Republic Act No. 1583 states that the Act shall have retroactive effect on all pending cases.
The Act took effect upon its approval on June 16, 1956.
It refers to land specifically used for growing sugar cane, which is the basis for taxation when leased or ceded to others.
The tax is imposed on the owners or persons in control of the sugar lands even if the lands are held by others under lease or other contracts.
While the law itself does not specify procedures, generally taxpayers may appeal to the appropriate tax authorities or courts regarding the assessed value and tax liability.