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PRESIDENTIAL DECREE NO. 563
PRESIDENTIAL DECREE NO. 563 -
EXTENDING THE PERIOD OF FILING OF THE STATEMENT OF ASSETS, LIABILITIES
AND NET WORTH AND ALLOWING TAXPAYERS WHO HAVE NOT AVAILED OF
PRESIDENTIAL DECREE NO. 23, AS AMENDED, TO AVAIL OF PRESIDENTIAL DECREE
NO. 370, AS AMENDED
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WHEREAS,
the period within which to file the statement of assets, liabilities
and net worth prescribed under Presidential Decree No. 379, as amended
by Presidential Decree No. 417, is expiring September 30, 1974;chanroblesvirtualawlibrary
WHEREAS, there are still many persons who have not filed the required
statement on account of the attendant difficulties and technical
aspects involved in the preparation of the statement in spite of the
massive nation-wide information campaign launched by the Bureau of
Internal Revenue since the promulgation of the Decree;chanroblesvirtualawlibrary
WHEREAS, there are still a considerable number of taxpayers who have
not availed of tax amnesty but who, in order to be able to file a true
and accurate statement of assets, liabilities and net worth, are now
desirous of availing of the amnesty provided under Presidential Decree
No. 370;chanroblesvirtualawlibrary
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers in me vested by the Constitution, do hereby
decree and order: chanroblesvirtualawlibrary
Section 1. The last day for the filing of statement
of assets, liabilities and net worth as of December 31, 1973 required
under Presidential Decree No. 379, as amended, is hereby extended up to
November 29, 1974;chanroblesvirtualawlibrary
Section 2. The following public officers are not
required to file the statement if the gross value of their assets is
less than Fifty Thousand Pesos (P50,000). chanroblesvirtualawlibrary
(1) Barangay Chairman and other Barangay officials;chanroblesvirtualawlibrary
(2) Classroom teachers of public schools;chanroblesvirtualawlibrary
(3) Laborers, messengers, janitors, drivers, mail
carriers and minimum wage earners in the government service;chanroblesvirtualawlibrary
(4) Temporary and casual employees of the government;
and
(5) Barrio officials.
provided that in the case of messengers, janitors, drivers, mail
carriers and minimum wage earners, herein excepted, they are required
to file their statement of assets and liabilities in the manner and
form prescribed under Republic Act 3019, not later than November 29,
1974.
Section 3. Any person who still has any undeclared
untaxed income and/or wealth acquired in 1972 and/or prior years who
would qualify to avail of previous tax amnesties granted under
Presidential Decree Nos. 23, 157, 213 and 370 may, under this Decree,
avail of the tax amnesty under Presidential Decree No. 370, the
effectivity of which is hereby extended up to November 29, 1972;chanroblesvirtualawlibrary
Section 4. Any person required to file the statement
under Presidential Decree No. 379, as amended, who knowingly makes a
false declaration or who deliberately fails to file or to comply with
any of the provisions thereof shall upon conviction pay a fine of not
less than one thousand pesos, but not more than five thousand pesos,
and imprisonment of not less than six months, but not more than two
years.
However, failure to file the statement not due to willful neglect,
shall be punishable by a fine of not more than one thousand (P1,000.00)
pesos and imprisonment of not more than six months.
Section 5. Any law, decree, rules and/or regulations
contrary to or inconsistent herewith are deemed repealed, modified or
amended accordingly.
Section 6. The Secretary of Finance, upon
recommendation of the Commissioner of Internal Revenue, shall issue
rules and regulations to implement this Decree.
Section 7. This Decree shall take effect immediately
upon approval.
Done in the City of Manila,
this 30th day of September, in the year of Our Lord, nineteen hundred
and seventy-four.
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