FIRB Resolution No. 026-87

August 6, 1987 FIRB RESOLUTION NO. 026-87 BE IT RESOLVED, AS IT IS HEREBY RESOLVED, That the privilege of importations of radio equipment, spare parts and allied materials actually, directly and exclusively used by the RADIO VERITAS, in its operations without the prepayment of taxes, customs duties and other similar charges due thereon, the same to be offset from whatever amount is due to the RADIO VERITAS for the facilities and broadcast time which has been used officially by the government, is restored effective March 10, 1987. aisadc BE IT FURTHER RESOLVED, AS IT IS HEREBY RESOLVED, That for purposes of ensuring the proper offset of taxes, duties, and other similar charges for the facilities and broadcast time used by the government, the RADIO VERITAS shall render a detailed report of such offset to the FIRB on a quarterly basis or as often as may be required by the FIRB to ensure effective incentive availment, until such time that the appropriate government agency therefor has been designated. (SGD.) JAIME V. ONGPIN Secretary of Finance (SGD.) GUILLERMO N. CARAGUE (SGD.) ALEXANDER A. PADILLA Secretary Commissioner Department of the Budget Bureau of Customs and Management (SGD.) JOSE S. CONCEPCION, JR. (SGD.) BIENVENIDO A. TAN, JR. Secretary Commissioner Department of Trade and Bureau of Internal Revenue Industry (SGD.) SOLITA C. MONSOD (SGD.) ANGEL Q. YOINGCO Director-General Director National Economic and Head, FIRB Secretariat Development Authority National Tax Research Center