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Presidential Decree No. 318 (PD 318) — Limiting the Power of Cities to Increase Tax on Petroleum Products

Presidential Decree No. 318 (PD 318) — Limiting the Power of Cities to Increase Tax on Petroleum Products

Presidential Decree No. 318 · Presidential Decree · Approved October 22, 1973 · 1 section

Data as of July 4, 2026 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

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I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers in me vested by the Constitution as Commander-in-Chief of all the Armed Forces of the Philippines, and pursuant to Proclamation No. 1081, dated September 21, 1972, and General Order No. 1, dated September 22, 1972, do hereby order and decree: That notwithstanding the provisions of Section 24 of Article 3, Chapter II of the Local Tax Code, the cities shall not increase the rate of taxes imposed by them on petroleum products and prevailing at the time of the promulgation of the order of the Oil Industry Commission, dated October 20, 1973, increasing the price of petroleum products which is likewise the date of effectivity of Presidential Decree No. 314, increasing the specific tax on petroleum products. Done in the City of Manila, this 22nd day of October, in the year of Our Lord, nineteen hundred and seventy-three. (Sgd.) FERDINAND E. MARCOS President Republic of the Philippines By the President: (Sgd.) ROBERTO V. REYES Assistant Executive Secretary

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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