REPUBLIC ACT NO. 4169 - AN ACT TO
AMEND REPUBLIC ACT NUMBERED THREE THOUSAND FIVE HUNDRED AND
THIRTY-EIGHT, ENTITLED "AN ACT TO EXEMPT THE FORD FOUNDATION AND ITS
GRANTS FROM THE PAYMENT OF GIFT, FRANCHISE, SPECIFIC, PERCENTAGE, REAL
PROPERTY, AND ALL OTHER TAXES, DUTIES AND FEES AND TO EXEMPT FOREIGN
PERSONNEL ENGAGED IN THE FORD FOUNDATION PROGRAM FROM THE PAYMENT OF
INCOME TAX," BY EXTENDING TO THE ROCKEFELLER FOUNDATION, AGRICULTURAL
DEVELOPMENT COUNCIL, INC., FOSTER PARENTS PLAN, INC., AND THEIR FOREIGN
PERSONNEL ENGAGED IN THEIR RESPECTIVE PROGRAMS SIMILAR EXEMPTIONS
Section 1. Section one of Republic Act Numbered Three
thousand five hundred and thirty-eight is hereby amended to read as
follows:
"Section 1. The provisions of existing laws or
ordinances to the contrary notwithstanding, the Ford Foundation, the
Rockefeller Foundation, the Agricultural Development Council, Inc., and
the Foster Parents Plan, Inc., shall be exempt from the payment of
gift, franchise, specific, percentage, real property and all other
taxes, duties and fees provided under existing laws or ordinances. This
exemption shall extend to goods imported under the Ford Foundation, the
Rockefeller Foundation, the Agricultural Development Council, Inc., or
the Foster Parents Plan, Inc., grants for relief, medical, scientific,
educational and training purposes to government organizations and
private institutions recognized by the government and to goods brought
in or imported for the personal use of foreign personnel whose services
are paid by the Ford Foundation, the Rockefeller Foundation, the
Agricultural Development Council, Inc., or the Foster Parents Plan,
Inc., or from funds granted by these foundations: provided, however,
that this exemption is without prejudice to the collection of customs
duties and taxes on goods or articles brought or imported into the
Philippines for the use of such foreign personnel should such goods or
articles subsequently be sold, transferred or exchanged in the
Philippines to persons or entities not entitled to exemption from said
customs duties and taxes pursuant to existing laws and regulations
governing the matter."
Sec. 2. Section two of the same Act is hereby
amended to read as follows:
"Sec. 2. Non-Filipino citizens serving on the staff
of the Ford Foundation, the Rockefeller Foundation, the Agricultural
Development Council, Inc., or the Foster Parents Plans, Inc., grants
shall be exempted from the payment of income tax on salaries and
stipends in dollars received solely and by reason of service rendered
under the Ford Foundation, the Rockefeller Foundation, the Agricultural
Development Council, Inc., or the Foster Parents Plan, Inc., programs."
Sec. 3. The same Act is amended by inserting a new
section which shall read as follows:
"Sec. 2-A. Any such foundation or corporation
fraudulently taking advantage of the provisions of this Act to avoid
the payment of taxes and duties due on any importation, or violating
any rule or regulation promulgated pursuant to the provisions of this
Act shall be punished by a fine equivalent to ten times the amount of
all taxes and duties due on the importation but in no case shall it be
less than ten thousand pesos. In addition thereto, the said foundation
or corporation shall be denied the benefits herein granted."
Sec. 4. This Act shall take effect upon its
approval.
Approved: August 8, 1964
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