Volume 69 · 626
Public Law 84–333
To amend the Internal Revenue Codes so as to provide a personal exemption with respect to certain dependents in the Republic of the Philippines.
Approved August 9, 1955
Statutory text
AN ACT
To amend the Internal Revenue Codes so as to provide a personal exemption with respect to certain dependents in the Republic of the Philippines.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That section 25 (b) (3) of the Internal Revenue Code of 1939 (defining the term “dependent”) is hereby amended by inserting after the fourth sentence thereof the following new sentence: “For taxable years beginning after December 31, 1946, the preceding sentence shall not exclude from the definition of ‘dependent’ any child of the taxpayer born to him, or legally adopted by him, in the Philippine Islands, if (i) the child is a resident of the Republic of the Philippines, and (ii) the taxpayer was a member of the Armed Forces of the United States at the time the child was born to him or legally adopted by him.”
Sec. 2.
Section 152 (b) (3) of the Internal Revenue Code of 1954
(defining the term “dependent”) is hereby amended by striking out “July 5, 1946” and inserting in lieu thereof “January 1, 1956”.
Sec. 3.
The amendment made by the first section of this Act
Applicability.
shall apply with respect to taxable years beginning after December 31, 1946, to which the Internal Revenue Code of 1939 applies.
The amendment made by section 2 of this Act shall apply with respect to taxable years beginning after December 31, 1953, and ending after August 16, 1954.
Approved August 9, 1955.