A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
Presidential Decrees :
the prevailing specific tax on coal and coke is significantly out of
line with the value of these products;
WHEREAS, the corresponding duties and taxes on alternative sources and alternative mineral fuels are significantly higher resulting in excessive price distortions in favor of domestic coal and coke;
WHEREAS, such distortions should be corrected to a level that will still maintain a reasonable margin in favor of domestic producers.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me under Sec. 290-B of the Internal Revenue Code, as amended, do hereby direct and order that:
Done in the City of Manila, this 11th day of June, in the Year of Our Lord, Nineteen Hundred and Eighty-Four.
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