Exemption of the Cultural Center of the Philippines from Payment of Certain Taxes
Letter of Instructions No. 1437, issued on October 30, 1984, preserves the duty and tax exemption privileges for the Cultural Center of the Philippines (CCP), recognizing its role in managing cultural and arts projects vital to national identity. This exemption is in line with the constitutional mandate to promote Filipino culture. However, while the CCP is exempt from certain provisions of Presidential Decree No. 1931, its business operations are still liable for taxes, excluding income taxes, which should be remitted directly to the CCP. The directive aims to ensure the financial viability of the CCP and the cultural projects it supports.
Quick Answers
- What is Exemption of the Cultural Center of the Philippines from Payment of Certain Taxes about?
- Letter of Instructions No. 1437, issued on October 30, 1984, preserves the duty and tax exemption privileges for the Cultural Center of the Philippines (CCP), recognizing its role in managing cultural and arts projects vital to national identity. This exemption is in line with the constitutional mandate to promote Filipino culture. However, while the CCP is exempt from certain provisions of Presidential Decree No. 1931, its business operations are still liable for taxes, excluding income taxes, which should be remitted directly to the CCP. The directive aims to ensure the financial viability of the CCP and the cultural projects it supports.
- What type of law is Letter of Instructions No. 1437?
- Exemption of the Cultural Center of the Philippines from Payment of Certain Taxes (Letter of Instructions No. 1437) is a Philippine Presidential Issuances enacted by the Congress of the Philippines.
- When was Exemption of the Cultural Center of the Philippines from Payment of Certain Taxes enacted?
- Exemption of the Cultural Center of the Philippines from Payment of Certain Taxes (Letter of Instructions No. 1437) was enacted on Oct 30, 1984.
- What is the citation for Exemption of the Cultural Center of the Philippines from Payment of Certain Taxes?
- Exemption of the Cultural Center of the Philippines from Payment of Certain Taxes, Letter of Instructions No. 1437, Oct 30, 1984 (Philippines)
Law Information
- Reference Number
- Letter of Instructions No. 1437
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Letters of Instructions
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
October 30, 1984
LETTER OF INSTRUCTIONS NO. 1437
| TO | : | The Minister of Finance |
| The Acting Commissioner of Customs | ||
| The Commissioner of Internal Revenue | ||
| All Concerned |
WHEREAS, on June 11, 1984, Presidential Decree No. 1931 was promulgated directing the rationalization of duty and tax exemption privileges granted to government-owned or controlled corporations and all other units of the Government;
WHEREAS, the Cultural Center of the Philippines (CCP) not only manages the entire CCP complex but also provides support to various cultural and arts projects of the Government, such as the National Arts Center, the Museum of Philippine Arts and other affiliates and subsidiaries;
WHEREAS, the outright withdrawal of the duty and tax exemption privileges of the CCP would cause the dislocation of its financial structure, thus jeopardizing its viability and operations as well as those of the projects which it supports;
WHEREAS, Article XV, Section 9 (2) of the Constitution provides that "Filipino culture shall be preserved and developed for national identity. Arts and letters shall be under the patronage of the State;"
WHEREAS, in order to give meaning to the above constitutional mandate, the duty and tax exemption privileges of the CCP under Presidential Decree No. 15, as amended, should be maintained; Provided, however, That the business operations of the CCP shall continue to be liable for taxes in accordance with the provisions of Presidential Decree No. 1825;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution and by law, do hereby order and direct that:
1. The Cultural Center of the Philippines (CCP) is hereby exempted from the provisions of Presidential Decree No. 1931. However, the business operations of the CCP shall remain liable for all taxes which, except for income taxes, shall be remitted directly to the CCP instead of being paid directly to the Bureau of Internal Revenue, as provided in Presidential Decree No. 1825.
2. This Letter of Instructions shall take effect immediately.
DONE in the City of Manila, this 30th day of October, in the year of Our Lord, Nineteen Hundred and Eighty-Four.
Cite This Law
Exemption of the Cultural Center of the Philippines from Payment of Certain Taxes, Letter of Instructions No. 1437, Oct 30, 1984 (Philippines)
Exemption of the Cultural Center of the Philippines from Payment of Certain Taxes, Letter of Instructions No. 1437 (Phil. 1984)
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