Presidential Decree No. 486 (PD 486) — Exempting from Tax Prizes of Miss Universe Contestants and Certain Equipment and Facilities to Be Used in Connection with the Miss Universe Beauty Pageant.
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 ↗
WHEREAS, the Philippines will play host to the 1974 Miss Universe Beauty Pageant to be held in Manila; and WHEREAS, as a gesture of courtesy and good will to the various beauty representatives of the nations participating therein; NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the authority vested in me by the Constitution, do hereby order and decree:
SECTION 1. All prizes in cash or in kind, including talent fees and gifts given to the winning candidates and the participants in the Miss Universe Beauty Pageant during and in connection with the said Pageant shall be exempt from any and all taxes due to the Philippine Government.
SEC. 2. Television and movie equipment and facilities brought to the country by the technical crew of Miss Universe Inc. to be used for the coverage of the Pageant shall be exempt from all customs duties and taxes or bonds in lieu thereof; Provided, That the listing, specifications and details of said equipment and facilities shall be furnished to the Commissioner of Customs and the Department of Tourism; and provided, further, that none of said equipment and facilities shall remain in the Philippines after the Pageant otherwise full customs duties shall be levied and collected on them.
SEC. 3. All necessary rules and regulations to implement this Decree shall be promulgated by the Secretary of Finance.
SEC. 4. This Decree shall take effect immediately. Done in the City of Manila, this 19th day of June, in the year of Our Lord, nineteen hundred and seventy-four. (Sgd.) FERDINAND E. MARCOS President of the Philippines By the President: (Sgd.) ALEJANDRO MELCHOR Executive Secretary
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).