Duly Approved Republic Acts No. 10374 and 10378 Dated March 5, 2013 and March 7, 2013, Respectively

April 4, 2013 BLGF MEMORANDUM CIRCULAR NO. 048-13 TO : All BLGF Central and Regional Directors and Other Offices Concerned SUBJECT : Duly Approved Republic Acts No. 10374 and 10378 Dated March 5, 2013 and March 7, 2013, Respectively For the information and guidance of all concerned, attached is a copy of letter from the office of the President and Memorandum from the Department of Finance dated March 14, 2013 regarding above-captioned subject. The Central and Regional Directors of this Bureau are hereby instructed to take note of the above and disseminate the contents to all Bureau Staff. Please be guided accordingly. ADaECI (SGD.) ATTY. SALVADOR M. DEL CASTILLO OIC-Executive Director ATTACHMENT Republic of the Philippines Department of Finance Roxas Boulevard Corner Pablo Ocampo, Sr. Street Manila 1004 March 14, 2013 MEMO FOR : All Heads of Offices, Bureaus and Attached Agencies This Department SUBJECT : Duly Approved Republic Acts No. 10374 and 10378 dated March 5, 2013 and March 7, 2013, respectively Attached for information and guidance are copies of the following Republic Acts: 1. Republic Act No. 10374 which was approved on March 5, 2013 entitled "AN ACT EXTENDING THE LIFE OF THE LAND BANK OF THE PHILIPPINES, FURTHER AMENDING REPUBLIC ACT NO. 3844, OTHERWISE KNOWN AS THE "AGRICULTURAL LAND REFORM CODE", AS AMENDED"; and 2. Republic Act No. 10378 which was approved on March 7, 2013 entitled "AN ACT RECOGNIZING THE PRINCIPLE OF RECIPROCITY AS BASIS FOR THE GRANT OF INCOME TAX EXEMPTIONS TO INTERNATIONAL CARRIERS AND RATIONALIZING OTHER TAXES IMPOSED THEREON BY AMENDING SECTIONS 28 (A) (3) (a), 109, 118 AND 236 OF THE NATIONAL INTERNAL REVENUE CODE (NIRC), AS AMENDED, AND FOR OTHER PURPOSES." HcTEaA (SGD.) LOURDES Z. SANTIAGO Director IV Central Administration Office Office of the President of the Philippines Malacaang Malacaang Records Office Manila, March 8, 2013 Hon. Cesar V. Purisima Secretary Department of Finance Manila Sir : I have the honor to transmit for your information and guidance, certified copy of Republic Act No. 10374 which was approved on March 5, 2013 entitled "AN ACT EXTENDING THE LIFE OF THE LAND BANK OF THE PHILIPPINES, FURTHER AMENDING REPUBLIC ACT NO. 3844, OTHERWISE KNOWN AS THE "AGRICULTURAL LAND REFORM CODE", AS AMENDED." Thank you. Very truly yours, (SGD.) MARIANITO M. DIMAANDAL Director IV Republic Act No. 10374 March 5, 2013 Office of the President of the Philippines Malacaang Malacaang Records Office Manila, March 11, 2013 Hon. Cesar V. Purisima Secretary Department of Finance Manila Sir : I have the honor to transmit for your information and guidance, certified copy of Republic Act No. 10378 which was approved on March 7, 2013 entitled "AN ACT RECOGNIZING THE PRINCIPLE OF RECIPROCITY AS BASIS FOR THE GRANT OF INCOME TAX EXEMPTIONS TO INTERNATIONAL CARRIERS AND RATIONALIZING OTHER TAXES IMPOSED THEREON BY AMENDING SECTIONS 28 (A) (3) (a), 109, 118 AND 236 OF THE NATIONAL INTERNAL REVENUE CODE (NIRC), AS AMENDED, AND FOR OTHER PURPOSES." Thank you. HAEDIS Very truly yours, (SGD.) MARIANITO M. DIMAANDAL Director IV Republic Act No. 10378 March 7, 2013