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PRESIDENTIAL DECREE NO. 80
PRESIDENTIAL DECREE NO. 80 -
AMENDING PRESIDENTIAL DECREE NO. 53 DATED NOVEMBER 13, 1972, GRANTING
TAX AMNESTY TO OWNERS/POSSESSORS OF UNTAXED OR IMPROPERLY TAXED GOODS
UNDER CERTAIN CONDITIONS
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WHEREAS, Presidential Decree No. 53 dated
November 13, 1972, was intended to give opportunity to importers,
dealers, possessors or owners of imported articles, commodities, items,
wares or merchandise on which the taxes, duties and other charges have
not been paid or have not been correctly paid, to legalize their
purchases, possession or ownership thereof, free from any tax liens and
their government charges without fines, subcharges and penalties
incident to such tax liability; and
WHEREAS, to render more effective the foregoing objectives without
working undue hardship on or inconvenience to those concerned;chanroblesvirtualawlibrary
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Republic of
the Philippines, by virtue of the powers in me vested by the
Constitution as Commander-in-Chief of all the Armed Forces of the
Philippines, and pursuant to Proclamation No. 1081, dated September 21,
1972, and General Order No. 1, dated September 22, 1972, as amended,
whereby I have assumed direction of the operation of the entire
Government do hereby decree:cralaw:red
That No. 1 of Presidential Decree No. 53 is hereby amended to read as
follows:cralaw:red
"1. That any importer, dealer, possessor or owner in
commercial quantities of items, commodities, goods, articles or
merchandise, the taxes, duties and/or other charges on which have not
been paid or not correctly paid because of misdeclaration,
misclassification, undervaluation and/or other fraudulent means shall
be relieved of any penalty, surcharge or increment incident thereto and
of any criminal liability under the National Internal Revenue Code,
Customs and Tariff Code or any other laws applicable thereto if
twenty-five per centum (25%) of the correct taxes, duties and charges
due thereon are paid in full on or before January 31, 1973, in final
and complete settlement thereof, except motor vehicles which are
covered by Presidential Decree No. 52, dated November 16, 1972, as well
as articles subjects to specific tax the tax on which has not been paid
and violators with pending criminal, civil and administrative
cases. chanroblesvirtualawlibrary
That No. 3 of the same Decree is hereby amended to read as follows:cralaw:red
"3. That any person, natural or juridical, who fails
to settle his/its accounts with the government or is caught in
possession of untaxed or improperly taxed articles, goods, wares,
merchandise or items in commercial quantities after January 31, 1973,
shall be immediately arrested and detained (the principal officers in
the case of juridical persons) until ordered released by me or by my
duly authorized representative, and the goods, articles, merchandise,
and other items in question shall be confiscated and the licenses of
the offender to operate shall be cancelled;"
All laws, rules and regulations which are inconsistent herewith are
amended or modified accordingly. chanroblesvirtualawlibrary
The Secretary of Finance, upon the recommendation of the Commissioner
of Internal Revenue, shall issue the necessary rules and regulations to
implement this decree.
This Decree shall take effect immediately.
Done in the City of Manila,
this 11th day of December, in the year of Our Lord, nineteen hundred
and seventy-two.
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