Publishing the Full Text of Presidential Administrative Order No. 45 Dated November 28, 2014, Entitled "Revoking Letter of Instruction No. 1479, Series of 1985"

January 5, 2015 REVENUE MEMORANDUM CIRCULAR NO. 005-15 SUBJECT : Publishing the Full Text of Presidential Administrative Order No. 45 Dated November 28, 2014, Entitled "Revoking Letter of Instruction No. 1479, Series of 1985" TO : All Internal Revenue Officials, Employees and Others Concerned For the information and guidance of all concerned, quoted hereunder is the full text of Presidential Administrative Order No. 45 dated November 28, 2014: "MALACAAN PALACE MANILA BY THE PRESIDENT OF THE PHILIPPINES ADMINISTRATIVE ORDER NO. 45 REVOKING LETTER OF INSTRUCTION NO. 1479, SERIES OF 1985 WHEREAS, Letter of Instruction No. 1479, issued 11 September 1985, prohibited the use and importation of airline tickets issued outside the Philippines for international air transportation of passengers originating in the Philippines; and WHEREAS, technological advances as well as changes in related laws have rendered the ban on the importation of such airline tickets obsolete and inconsistent with promotion and facilitation of travel. SCaIcA NOW, THEREFORE, I, BENIGNO S. AQUINO III, President of the Philippines, by virtue of the powers vested in me by law, do hereby revoke Letter of Instruction No. 1479 issued 11 September 1985. This Administrative Order shall take effect immediately upon its publication in a newspaper of general circulation. Done, in the pity of Manila, this 28th day of November in the year of our Lord, Two Thousand and Fourteen. By the President: (Sgd.) PAQUITO N. OCHOA, JR. Executive Secretary" All concerned are hereby enjoined to be guided accordingly and give this Circular a wide publicity as possible. SCDaHc (SGD.) KIM S. JACINTO-HENARES Commissioner of Internal Revenue