FIRB Resolution No. 015-89
FIRB Resolution No. 015-89 • Fiscal Incentives Review Board • Resolutions • Jul 6, 1989
Full text
July 6, 1989 FIRB RESOLUTION NO. 015-89 BE IT RESOLVED, AS IT IS HEREBY RESOLVED, to endorse to the Department of Budget and Management the subsidy availment of the Philippine Heart Center in the amount of P5,004,009 . 90 only representing the compensating taxes due on its importations for the year 1987 to 1989, inclusive, as herein specifically described: Provided , That such amount shall be chargeable against the Tax Expenditures Fund, pursuant to the terms and conditions of the Rules and Regulations to Implement the Subsidy Provision Under Executive Order No. 93. aisadc Details of Compensating Taxes Due From PHC Compensating Year Taxes 1987 P 477,018.52 1988 2,020,961.10 1989 2,506,030.28 Total P5,004,009.90 ========== (SGD.) VICTOR C. MACALINCAG Acting Secretary of Finance Chairman FIRB
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