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PRESIDENTIAL DECREE NO. 789
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PRESIDENTIAL DECREE NO. 789
- AUTHORIZING THE EXEMPTION OF THE INTERNATIONAL DEVELOPMENT RESEARCH
CENTRE (IDRC) AND ITS FOREIGN PERSONNEL STAFF MEMBERS FROM THE PAYMENT
OF TAXES, DUTIES AND OTHER FEES
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WHEREAS,
the International Development Research Centre, a corporation
established by Act of the Canadian Parliament, and engaged in a program
of research designed to assist in propelling the economic advancement
of developing regions wishes to undertake research programs in the
Philippines; chanroblesvirtualawlibrary
WHEREAS, the extension of the International Development Research Centre
activities to the Philippines will enhance production and accelerate
growth of the country's economy consistent with its existing policy;chanroblesvirtualawlibrary
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers in me vested by the Constitution, do hereby
order and decree that:cralaw:red
Section 1. The International Development Research
Centre shall be exempt from the payment of national or local taxes, and
import duties.
Section 2. Personal effects and household goods
brought in or imported for the personal and/or family use of the
foreign personnel whose services are paid from the funds of or granted
by the International Development Research Centre except motor vehicles,
water orrcraft, shall be exempt from import duties and taxes: Provided,
however, That in case such articles are subsequently conveyed or
transferred to other parties, the corresponding taxes and duties shall
be collected thereon at double the rate provided under existing laws
and payable by the transferor.
Section 3. Equipment, motor vehicles and other goods
financed from funds of the International Development Research Centre
and imported for use on projects financed by the International
Developments Centre shall likewise be exempt from import duties and
taxes.
Section 4. Non-Filipino citizens or non-resident
aliens serving on the staff of the International Development Research
Centre shall be exempted from the payment of income tax or social
security contributions on salaries, stipends or other income in dollars
derived solely and by reason of their services with said Centre in the
Philippines. chanroblesvirtualawlibrary
Section 5. The Secretary of Finance shall promulgate
the necessary rules and regulations for the effective implementation of
this Decree.
Section 6. All laws, decrees, orders, rules and
regulations inconsistent herewith are hereby repealed or modified
accordingly.
Section 7. This Decree shall take effect upon
approval.
Done in the City of Manila,
this 30th day of August in the year of Our Lord nineteen hundred and
seventy-five.
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