Amending R.A. No. 2338 Re: Reward for Informers of Violations of Internal Revenue and Customs
Presidential Decree No. 707, issued on May 27, 1975, amends Republic Act No. 2338 regarding rewards for informers of violations of internal revenue and customs laws in the Philippines. It establishes that the reward for qualified informers is limited to 5% of the revenues, surcharges, compromises, and penalties collected due to the information provided. The decree also repeals or modifies any conflicting laws, acts, or regulations. It takes effect immediately upon its approval.
Law Information
- Reference Number
- Presidential Decree No. 707
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Presidential Decrees
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
May 27, 1975
PRESIDENTIAL DECREE NO. 707
AMENDING REPUBLIC ACT NUMBERED TWENTY THREE HUNDRED AND THIRTY-EIGHT, ENTITLED, "AN ACT TO PROVIDE FOR REWARD TO INFORMERS OF VIOLATIONS OF THE INTERNAL REVENUE AND CUSTOMS LAWS"
I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby order and decree: acd
SECTION 1. The provisions of Section 1 of R.A. 2338, to the contrary notwithstanding, the reward authorized to be paid qualified informers shall be limited to the sum equivalent to five (5%) per centum of the realized revenues, surcharges, compromises and penalties established by law, collected and accounted for as a result of the information furnished.
SECTION 2. All laws, acts, decrees, orders, and regulations inconsistent herewith are considered repealed and/or modified accordingly.
SECTION 3. This Decree shall take effect upon its approval.
DONE in the City of Manila, this 27th day of May, in the year of Our Lord, Nineteen Hundred and Seventy-Five.
Cite This Law
Amending R.A. No. 2338 Re: Reward for Informers of Violations of Internal Revenue and Customs, Presidential Decree No. 707, May 27, 1975 (Philippines)
Amending R.A. No. 2338 Re: Reward for Informers of Violations of Internal Revenue and Customs, Presidential Decree No. 707 (Phil. 1975)
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