Submission by Public Officers of Statement of Assets, Liabilities and Net Worth

March 31, 1975 REVENUE MEMORANDUM CIRCULAR NO. 09-75 SUBJECT : Submission by Public Officers of Statement of Assets, Liabilities and Net Worth TO : All Internal Revenue Officers and Others Concerned For the information and guidance of all concerned, there is published below the provisions of Letter of Instructions No. 262 dated March 31, 1975: "LETTER OF INSTRUCTIONS No. 262 "TO : ALL HEADS OF DEPARTMENTS, AGENCIES AND OFFICES OF THE GOVERNMENT AND OTHERS CONCERNED "SUBJECT : Submission by Public Officers of Statement of Assets, Liabilities and Net Worth as of December 31, 1974 "In pursuance of the program of reform in the Government under the New Society which was, among others, overwhelmingly endorsed by the people in the referendum held on February 27, 1975, and consistent with the guarantees provided in the different tax amnesty decrees, it is hereby directed that "1. Every public officer shall prepare and file, in the prescribed form (Annex "A") a sworn statement of assets, liabilities and net worth as of December 31, 1974, which shall include the assets, liabilities and net worth of the spouse and unmarried children below twenty-one years of age as of that date; Provided, That every public officer who is a. A chief of section or above; or b. occupying a position allocated to range 51 or above, whether chief of section or not; or c. holding the rank of sergeant or above, in case of the military; or d. an officer or member of a law enforcement agency of the government shall prepare and file, in the prescribed form (Annex "B"), a sworn comparative statement of assets, liabilities and net worth, as provided in Paragraph 2 hereof, which shall also include the assets, liabilities and net worth of the spouse and unmarried children below twenty-one years of age. "2. The comparative statement required in Paragraph 1 hereof shall consist of: "a. A statement of assets, liabilities and net worth as of December 31, 1974; and "b. A statement of assets, liabilities and net worth as of December 31, 1965, or as of the date the public officer entered the government service, whichever date is later; Provided, That in case the public officer had availed of tax amnesty, the statement of assets, liabilities and net worth shall be as of "(1) December 31, 1971, if the public officer availed of tax amnesty under Presidential Decree No. 23 only; or "(2) December 31, 1972, if the public officer availed of the tax amnesty under Presidential Decree Nos. 23 and 157, and/or Presidential Decree Nos. 213 and 370; or "(3) December 31, 1973, if the public officer availed of the tax amnesty under Presidential Decree No. 631. "3. The comparative statement of assets, liabilities and net worth shall be accompanied by a statement, also under oath, showing and explaining any increase in net worth for the period covered by the comparative statement. "4. The statement of assets, liabilities, and net worth shall be filed on or before May 30, 1975, with the office of the corresponding Department Head, or in the case of a Head of Department or Chief of an independent office, with the Office of the President. "5. The following terms as used herein shall be defined as follows: "a. "Government" includes the national government, the local governments, the government owned and government controlled corporations, and all other instrumentalities or agencies of the Republic of the Philippines and their branches. "b. "Public Officer" includes elective and appointive officials, including barangay heads, and employees, permanent or temporary whether in the classified or unclassified or exempt service receiving compensation, even nominal, from the government as defined in the preceding subparagraph. "c. "Assets" include any property, real or personal, tangible or intangible, wherever situated, to the extent of the cost or interest therein of the public officer, his spouse and unmarried children below twenty-one years of age. "d. "Liabilities" are legitimate and enforceable obligations reducible in terms of money and existing as of the date of the statement of assets, liabilities and net worth required herein. "e. "Net Worth" is the difference between the total assets and the total liabilities. "6. Any public official who fails to file the statement required by this Letter of Instructions shall be subject to the penalties provided for in Section 9(b) of Republic Act No. 3019, otherwise known as the Anti-Graft and Corrupt Practices Act. "DONE in the City of Manila, this 31st day of March, in the year of Our Lord, nineteen hundred and seventy-five." (SGD) FERDINAND E. MARCOS President of the Philippines" Features of the Letter of Instructions 1. Under Section 1, all public officers shall prepare and file in the prescribed form (Annex A), the sworn statement of assets, liabilities and net worth as of December 31, 1974. 2. The statement shall include the assets, liabilities and net worth of the spouse and unmarried children below 21 years of age as of December 31, 1974. 3. "Public Officer" as defined in Section 5 of the Letter of Instructions includes employees, permanent or temporary, whether classified or unclassified or exempt service, receiving compensation, even nominal, from the government. All employees, therefore, of the Bureau of Internal Revenue including emergency employees shall file the statement of assets, liabilities and net worth. 4. The nature of the assets, liabilities and net worth to be reported are defined in Section 5 of the Letter of Instructions. 5. If the public officer is a Chief of Section or above or is occupying a position allocated to range 51 or above, whether Chief of Section or not, he shall prepare and file in the prescribed form (Annex B), a sworn comparative statement of assets, liabilities and net worth which shall also include the assets, liabilities and net worth of the spouse and unmarried children below 21 years of age. 6. If the employee is required to file as stated above the comparative statement (Annex B) he need not file the prescribed form known as Annex A . 7. For the guidance of the employees of the Bureau, "Annex D" is enclosed which contains the position titles of employees with range 51 and above under Presidential Decree No. 640. 8. Employees whose present items are not included in "Annex D" shall nevertheless file the comparative statement if their annual salaries at present amounts to P7,236.00 or more. 9. In the comparative statement, the net worth as of December 31, 1974 will be the basis of comparison with the previous net worth detailed hereunder: a. If the employee is in the public service before December 31, 1965, then the net worth as of December 31, 1965 shall be the beginning net worth; However, if he entered the public service after December 31, 1965, then as of the time he entered the service. The statement of assets, liabilities and net worth required to be filed by employees entering the service may be used as guide in the preparation of the beginning net worth. b. If the employee filed a tax amnesty return under Presidential Decree No. 23 only, the beginning net worth shall be that as of December 31, 1971. c. If the employee availed of the tax amnesty under Presidential Decree Nos. 23 and 157 and/or Presidential Decree Nos. 213 and 370, then the beginning net worth shall be that as of December 31, 1972. d. If the employee availed of the tax amnesty under Presidential Decree No. 631, as amended, then the beginning net worth shall be that of December 31, 1973. 10. The comparative statement shall also be accompanied by a sworn statement explaining any increase in net worth for the period covered by the comparative statement using the prescribed form (Annex C). 11. The statement of assets, liabilities and net worth (Annex A or Annex B), together with the statement explaining the increase in net worth (Annex C) shall be filed in duplicate on or before May 30, 1975 with the Revenue District Officer, in case of employees in the District Office; with the Regional Director, in case of employees in the Regional Office; and with the Personnel Officer, in case of employees in the National Office. 12. Regional Directors and Revenue District Officers are hereby instructed to forward immediately to the National Office the statements of assets, liabilities and net worth filed by the employees in their respective offices direct to the Personnel Officer accompanied by a listing of the employees who filed the statements which are being transmitted as well as the employees who did not file as of May 30, 1975. 13. The Personnel Officer shall compile all these statements making a listing thereof and checking with the roster of employees to determine those who have not filed. 14. The list of those who did not file shall be immediately forwarded to the Internal Audit Department for appropriate action in accordance with the provisions of Section 6 of the Letter of Instructions which provides that any public official who fails to file the statements required by the Letter of Instructions shall be subject to the penalties provided for in Section 9-B of Republic Act 3019, otherwise known as the Anti-Graft and Corrupt Practices Act. 15. The statements shall be segregated in the Personnel Division, the originals of which shall be forwarded to the Office of the Secretary of Finance accompanied with the proper listings and the duplicates shall be filed in the 201 folder of the employee concerned. All internal revenue officers and employees are hereby enjoined to follow the provisions of this Circular and Letter of Instructions No. 262. MISAEL P. VERA Commissioner of Internal Revenue TAN-1601-593-5 ANNEX A SWORN STATEMENT OF ASSETS, LIABILITIES AND NET WORTH As of December 31, 1974 (Required by Letter of Instruction No. 262) Name of Public Officer _________________________ Position __________________ Address _____________________________________________________________ Name and Address of Office ______________________________________________ Civil Status _____________ Name of Spouse ________________________________ Unmarried Children below 21 years of age: Name Date of Birth 1. ______________________________ ______________________________ 2. ______________________________ ______________________________ 3. ______________________________ ______________________________ 4. ______________________________ ______________________________ ASSETS Nature Cost Personal Properties: ________________________________________ P ________________________ ________________________________________ ________________________ ________________________________________ ________________________ ________________________________________ ________________________ Total P ===================== Real Properties: ________________________________________ P ________________________ ________________________________________ ________________________ ________________________________________ ________________________ ________________________________________ ________________________ Total P ===================== TOTAL ASSETS P ===================== LIABILITIES Nature Amount ________________________________________ P ________________________ ________________________________________ ________________________ ________________________________________ ________________________ ________________________________________ ________________________ TOTAL LIABILITIES P ===================== NET WORTH (Total Assets Less Total Liabilities) P ===================== I hereby certify that this is a true statement of my assets, liabilities and net worth as of December 31, 1974, and includes assets, liabilities and net worth of my spouse and unmarried children below 21 years of age as of that date, as required by and in accordance with Letter of Instruction No. ______ dated ______________________, 1975. Date ____________________, 1975. __________________________ Signature of Public Officer TAN _____________________ Res. Cert. No. A.- _______________ B _____________ Issued at ______________________ _____________ Date Issued ___________________ _____________ Subscribed and sworn to before me this ______ day of _________________, 1975, affiant exhibiting to me his Residence Tax Certificates as indicated above. _____________________________ Person Administering Oath ANNEX B SWORN COMPARATIVE STATEMENT OF ASSETS, LIABILITIES AND NET WORTH As of December 31, 1974 and __________, 19 ____) (Required by Letter of Instruction No. 262) Name of Public Officer _____________________ Position _____________________ Address ____________________________________________________________ Name and Address of Office _____________________________________________ Civil Status _____________ Name of Spouse _______________________________ Unmarried Children below twenty-one years of age: Name Date of Birth 1. ______________________________ ______________________________ 2. ______________________________ ______________________________ 3. ______________________________ ______________________________ Tax Amnesty Availed of _________________________________________________ (State Presidential Decree No. or Nos.) Tax Amnesty File No. __________________________________________________ ASSETS Nature Cost Personal Properties: _____________, 19 ___ December 31, 1974 Increase/ Decrease ______________________ P ___________________ P ___________________ P ___________________ ______________________ ___________________ ___________________ ___________________ ______________________ ___________________ ___________________ ___________________ Total P P P ====================== =================== =================== '================= Real Properties: ______________________ P ___________________ P ___________________ P ___________________ ______________________ ___________________ ___________________ ___________________ ______________________ ___________________ ___________________ ___________________ Total P P P =================== =================== =================== TOTAL ASSETS P P P =================== =================== =================== LIABILITIES Nature Amount ______________________ P ___________________ P ___________________ P ___________________ ______________________ ___________________ ___________________ ___________________ ______________________ ___________________ ___________________ ___________________ TOTAL LIABILITIES P P P =================== =================== =================== NET WORTH P P P =================== =================== =================== I hereby certify that this is a true comparative statement of my assets, liabilities and net worth as of December 31, 1974, and as of ___________, 19___, which includes the assets, liabilities and net worth of my unmarried children below twenty-one years of age as of that date, as required by and in accordance with Letter of Instruction No. _____ dated _____________, 1975. Date ____________________, 1975. __________________________ Signature of Public Officer Tax Account No. __________ Res. Cert. No. A.- _______________ B- _____________ Issued at ______________________ _____________ Date Issued ___________________ _____________ Subscribed and sworn to before me this ______ day of _________________, 1975, affiant exhibiting to me his/her Residence Tax Certificates as indicated above. _____________________________ Person Administering Oath ANNEX C SWORN STATEMENT EXPLAINING THE INCREASE IN NET WORTH COVERED BY THE COMPARATIVE STATEMENT I, ____________________________, of legal age, single/married, residing ______________________________ and ___________________________ (position) of __________________________________ (office), after having been sworn to in accordance with law, depose and say: (A) That the increase of my assets indicated in my comparative statement of assets, liabilities and net worth consist of: DESCRIPTION OF THE ASSETS That the said increase in assets was acquired by: MANNER OF ACQUISITION (Purchase, donation, inheritance, etc.) (B) That the decrease of my liabilities indicated in my comparative statement of assets, liabilities and net worth consist of: DESCRIPTION OF LIABILITIES That payments thereof come from funds realized thru: MANNER THE FUNDS COME TO YOUR POSSESSION (Salaries, gifts, commissions, etc.) I fully understand the statement of my explanations of my increase in assets and/or decrease in liabilities as of ___________________________ and I hereby certify that it is true, accurate and complete to the best of my knowledge and belief, in accordance with Letter of Instructions No. 262. IN WITNESS WHEREOF, I sign this sworn statement this ___ day of _________________, 19___, at _______________________. ___________________________ Signature of Public Officer SUBSCRIBED AND SWORN to before me this ___________ day of _________________, 19___, affiant exhibiting to me his/her residence certificates as indicated below: Res. Cert. No. A-__________________ B _______________ Issued at ________________________ _______________ Date Issued ______________________ _______________ ___________________________ Person Administering Oath ANNEX D DESIGNATIONS OF EMPLOYEES OF THE BUREAU OF INTERNAL REVENUE SUBJECT TO FILE THE COMPARATIVE STATEMENT OF ASSETS, LIABILITIES AND NET WORTH PER LETTER OF INSTRUCTIONS NO. 262 (EMPLOYEES WITH RANGE 51 AND UP) Position Range Revenue EDP Input Machine Operator I 51 Senior Revenue Offset Press Operator Revenue Supply Officer I Revenue Accountable Forms Custodian Revenue Bookkeeper II 52 Revenue Training Assistant Senior Revenue Librarian Seized and Forfeited Properties Revenue Assistant Custodian Tax Returns Processor I Revenue Disbursing Officer Revenue Collector II Junior Tax Registrar 53 Revenue Administrative Assistant I Junior Revenue EDP Programmer Revenue Inspector I Revenue Tabulating Equipment Operator II Senior Revenue Information Editor Translator 54 Revenue Information Editor II Revenue Stenographic Reporter Revenue EDP Data Controller II Revenue Special Investigator Revenue Radio Communication Coordinator Revenue Tobacco Inspector II Senior Revenue Disbursing Officer Revenue Budget Examiner II Revenue Accountant I Revenue Cashier II Revenue Computer Operator II Revenue Administrative Assistant II 55 Senior Revenue Chemist Revenue EDP Input Machine Operator II Junior Revenue EDP Systems Analyst Revenue Fiscal Inspector I Junior Revenue Personnel Investigator Revenue Training Officer Revenue Researcher I Revenue Legal Officer I Revenue Research Attorney I Revenue Records Officer II Revenue Seizure Agent I Revenue Inspector II Revenue Statistician I Revenue Supply Officer II Revenue Collector III Revenue Internal Security Officer I 56 Tax Returns Processor II Revenue Accountant II Revenue Personnel Officer I Revenue Management Analyst I Revenue Examiner I Seized & Forfeited Properties Revenue Custodian Revenue Administrative Assistant III 57 Revenue Building Superintendent Revenue EDP Programmer Revenue Executive Assistant Revenue Legal Officer II Revenue Research Attorney II Tax Information Analyst Revenue Collection Coordinator Senior Revenue Special Investigator Revenue Statistician II 57 Tax Registrar Senior Revenue Tobacco Inspector Revenue Accountant III 58 Revenue Budget Examiner III Revenue Budget Officer I Revenue EDP Maintenance Specialist I Revenue Fiscal Inspector II Revenue Personnel Investigator Revenue Management Analyst II Revenue Records Officer III Revenue Seizure Agent II Revenue Collection Analyst Revenue Assessment Analyst Specific Tax Analyst Senior Revenue Inspector Revenue Researcher II Tax Accounts Controller Senior Revenue Collector Revenue Administrative Officer I 59 Senior Revenue EDP Input Machine Operator Revenue EDP Systems Analyst Revenue Hearing Officer I revenue Legal Officer III Revenue Public Relations Officer II Seized & Forfeited Properties Revenue Officer Revenue Statistician III Revenue Trial Attorney I Revenue Internal Security Officer II Supervising Revenue Accountant 60 Senior Revenue EDP Data Controller Senior Revenue Personnel Investigator Senior Revenue Seizure Agent Senior Tax Accounts Controller Senior Tax Clearance Processor Supervising Revenue Collector I Revenue Examiner II Supervising Revenue Special Investigator Senior Revenue Fiscal Inspector Revenue Budget Officer II District Revenue Collection Supervisor I Revenue EDP Maintenance Specialist II 61 Senior Revenue Executive Assistant I Revenue Hearing Officer II Senior Revenue Internal Security Officer Senior Revenue Tax Registrar Senior Tax Returns Processor Revenue Trial Attorney II Revenue Legal Officer IV Senior Revenue Training Officer 62 Tax Treaties Officer Senior Revenue Management Analyst Supervising Revenue Information Officer II Supervising Revenue Seizure Agent Senior Revenue Collection Coordinator Supervising Revenue Inspector I Revenue Supply Officer III Senior Revenue Researcher Senior Revenue EDP Programmer Revenue Personnel Officer II Chief Revenue Accountant II Revenue Administrative Officer II Revenue Cashier VI Supervising Revenue Chemist 62 Senior Revenue Budget Examiner Senior Revenue Computer Operator Supervising Revenue EDP Input Machine Operator Revenue Radio Consultant District Revenue Collection Supervisor II Senior Revenue Collection Analyst Supervising Revenue Collector II Senior Revenue Examiner 63 Supervising Revenue Fiscal Inspector Supervising Revenue Internal Security Officer Senior Revenue EDP Systems Analyst Supervising Revenue Personnel Investigator Senior Revenue Legal Officer Revenue Records Officer IV Senior Seized & Forfeited Revenue Properties Officer 64 Senior Revenue Statistician Revenue Trial Attorney III District Revenue Collection Supervisor III Senior Tax Treaties Officer 65 Supervising Revenue Examiner I Supervising Revenue Inspector II Chief Revenue Seizure Agent 66 Supervising Revenue Collection Analyst Tax Clearance Supervisor Supervising Revenue Statistician Revenue Supply Officer IV Chief Revenue Tabulating Equipment Operator II Supervising Tax Returns Processor Chief Revenue Accountant IV 66 Revenue Administrative Officer III Revenue Budget Officer IV Supervising Revenue Computer Operator Supervising Revenue EDP Data Controller Supervising Revenue EDP Programmer Revenue Personnel Officer IV Chief Revenue Training Officer Supervising Revenue Researcher Supervising Revenue Management Analyst Chief Revenue Information Officer II Supervising Revenue Collection Coordinator Tax Accounts Control Supervisor Chief Revenue Fiscal Inspector 67 Chief Revenue Personnel Investigator Senior Revenue Executive Assistant II Supervising Revenue EDP Systems Analyst Supervising Revenue Examiner II Supervising Revenue Inspector III Revenue Trial Attorney IV Revenue Press Relations Officer Chief Revenue Internal Security Officer Chief Revenue Legal Officer Assistant Chief Revenue Officer I 69 Supervising Revenue Examiner III Supervising Tax Treaties Officer Assistant Chief Revenue Officer II 70 Chief Revenue Officer I Assistant Chief Revenue Officer III 71 Chief Revenue Officer II Assistant Revenue Regional Director I 73 Chief Revenue Officer III Revenue Operations Performance Officer Assistant Revenue Regional Director II 74 Revenue Regional Director I 75 Head Revenue Executive Assistant Exempt Revenue Regional Director II Assistant Revenue Service Chief Revenue Service Chief Exempt Assistant Commissioner Deputy Commissioner of Internal Revenue Exempt