Limiting the tax credit to taxes actually paid in computing sales tax on manufactured articles

Further amending Sub-Paragraphs (a), (b), and (c) of Section Twenty -Three and Sub-Paragraphs (a) and (d) of Section 45 of the National Internal Revenue Code of 1977, as amended

To : All Ministers...

EXTENDING THE PERIOD OF EXEMPTION FROM PAYMENT OF TRAVEL TAX TO ALL PASSENGERS BY SEA, ORIGINATING FROM ALL INTERNATIONAL PORTS IN MINDANAO, INCLUDING PALAWAN, AND BY AIR, DEPARTING FROM ALL INTERNATIONAL AIRPORTS IN THE PHILIPPINES, PROVIDED THAT THE PASSENGERS ORIGINATE FROM MINDANAO OR PALAWAN, TO ANY DESTINATION WITHIN THE BIMP-EAGA (BRUNEI DARUSSALAM-INDONESIA-MALAYSIA-THE PHILIPPINES-EAST ASEAN GROWTH AREA)

REINSTATING THE TRAVEL TAX EXEMPTION POLICY GRANTED TO TRAVELLERS FROM MINDANAO AND PALAWAN BOUND FOR COUNTRIES IN THE EAST ASEAN GROWTH AREA (EAGA)

AUTHORIZING OFFICIALS IN THE OFFICE OF THE PRESIDENT TO SIGN “BY AUTHORITY OF THE PRESIDENT” TRAVEL AUTHORITIES AND TRAVEL TAX EXEMPTIONS OF CERTAIN GOVERNMENT OFFICIALS

EXTENDING THE PERIOD OF EXEMPTION OF TRAVEL TAX TO ALL PASSENGERS BY AIR AND/OR SEA ORIGINATING FROM ALL INTERNATIONAL PORTS IN MINDANAO TO ANY DESTINATION WITHIN THE BIMP-EAGA (BRUNEI DARUSSALAM, INDONESIA, MALAYSIA, PHILIPPINES-EAST ASIA GROWTH AREA)

REVIVING THE GRANT OF TRAVEL TAX EXEMPTION TO ALL PASSENGERS BY SEA, ORIGINATING FROM ALL INTERNATIONAL PORTS IN MINDANAO, INCLUDING PALAWAN, AND BY AIR, DEPARTING FROM ALL INTERNATIONAL AIRPORTS IN THE PHILIPPINES, PROVIDED THAT THE PASSENGERS ORIGINATE FROM MINDANAO OR PALAWAN, TO ANY DESTINATION WITHIN THE BIMP-EAGA (BRUNEI DARUSSALAM-INDONESIA-MALAYSIA-THE PHILIPPINES-EAST ASEAN GROWTH AREA)

EXTENDING THE PERIOD OF EXEMPTION OF TRAVEL TAX TO ALL PASSENGERS BY AIR AND/OR SEA ORIGINATING FROM ALL INTERNATIONAL PORTS IN MINDANAO TO ANY DESTINATION WITHIN THE BIMP-EAGA (BRUNEI DARRUSALAM, INDONESIA, MALAYSIA, PHILIPPINES – EAST ASEAN GROWTH AREA)

EXTENDING THE PERIOD OF EXEMPTION OF TRAVEL TAX TO ALL PASSENGERS BY AIR AND/OR SEA ORIGINATING FROM ALL INTERNATIONAL PORTS IN MINDANAO TO ANY DESTINATION WITHIN THE BIMP-EAGA (BRUNEI DARUSSALAM, INDONESIA, MALAYSIA, PHILIPPINES-EAST ASEAN GROWTH AREA)

PROVIDING SPECIAL TAX INCREASING INCENTIVES TO PARTICIPANTS IN THE FIRST PACIFIC TRAVEL MART

AN ACT GRANTING INCOME TAX EXEMPTION TO LOCAL WATER DISTRICTS BY AMENDING SECTION 27 (C) OF THE NATIONAL INTERNAL REVENUE CODE (NIRC) OF 1997, AS AMENDED, AND ADDING SECTION 289-A TO THE CODE, FOR THE PURPOSE.

AN ACT TO STRENGTHENING THE COUNTRY'S GROSS INTERNATIONAL RESERVES (GIR), AMENDING FOR THE PURPOSE SECTIONS 32 AND 151 OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED, AND FOR OTHER PURPOSES.

AN ACT AUTHORIZING THE EXEMPTION OF NEW AND NECESSARY INDUSTRIES FROM THE PAYMENT OF INTERNAL REVENUE TAXES.

AN ACT EXEMPTING FROM ASSIGNMENT, TAXATION, CLAIMS OF CREDITORS, ATTACHMENT, LEVY OR SEIZURE, BENEFITS DERIVED BY BENEFICIARIES RESIDING IN THE PHILIPPINES UNDER LAWS OF THE UNITED STATES ADMINSTERED BY THE UNITED STATES VETERANS ADMINISTRATION.

AN ACT TO AMEND SECTION FOUR OF COMMONWEALTH ACT NUMBERED FIVE HUNDRED AND SIXTY-FIVE BY WITHDRAWING THE EXEMPTION GRANTED IN FAVOR OF COOPERATIVE ASSOCIATIONS REFERRED TO THEREIN FROM THE PAYMENT OF TAXES.

AN ACT EXEMPTING FROM TAX CERTAIN ALLOWANCES AND BENEFITS GRANTED TO THE MEMBERS OF THE ARMED FORCES OF THE PHILIPPINES.

AN ACT GRANTING TAX EXEMPTIONS AND FEE PRIVILEGES TO SPECIAL PURPOSE VEHICLES WHICH ACQUIRE OR INVEST IN NON-PERFORMING ASSETS, SETTING THE REGULATORY FRAMEWORK THEREFOR AND FOR OTHER PURPOSES

AN ACT RESTORING THE TAX EXEMPTION OF OFFSHORE BANKING UNITS (OBUs) AND FOREIGN CURRENCY DEPOSIT UNITS (FCDUs), AMENDING FOR THE PURPOSE SECTION 27 (D) (3) AND SECTION 28, PARAGRAPHS (A) (4) AND (A) (7) (b) OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED

Exchange of notes constituting an Agreement between the United States and the Philippines concerning the sale of certain items by tax-exempt persons at the United States bases to non-tax exempt persons in the Philippines. Manila, 14 December 1966.