Presidential Decree No. 563 (PD 563) — Extending the Period of Filing of the Statement of Assets, Liabilities and Net Worth and Allowing the Tax-Payers Who Have Not Availed of Presidential Decree No. 23, as Amended, to Avail of Presidential Decree No. 370, as Amended.
WHEREAS, the period within which to file the statement of
assets, liabilities and net worth prescribed under Presidential Decree
No. 379, as amended by Presidential Decree No. 417, is expiring
September 30, 1974;
WHEREAS, there are still-many persons who have not filed the
required statement on account of the attendant difficulties and
technical aspects involved in the preparation of the statement in spite
of the massive nationwide information campaign launched by the Bureau of
Internal Revenue since the promulgation of the Decree;
WHEREAS, there are still a considerable number of taxpayers
who have not availed of tax amnesty but who, in order to be able to file
a true and accurate statement of assets, liabilities and net worth, are
now desirous of availing- of the amnesty provided under Presidential
Decree No. 370;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers in me vested by the Constitution,
do hereby decree and order:
SECTION 1. The last day for the filing of statement of
assets, liabilities and net worth as of December 31, 1973 required under
Presidential Decree No. 379, as amended, is hereby extended up to
November 29, 1974;
SEC. 2. The following public officers are not required to
file the statement if the gross value of their assets is less than Fifty
Thousand Pesos (P50.000).
Barangay Chairman and other Barangay officials;
Classroom teachers of public schools;
Laborers, messengers, janitors, drivers, mail carriers and
minimum wage earners in the government service;
Temporary and casual employees of the government; and
Barrio officials.
provided that in the case of messengers, janitors, drivers, mail
carriers and minimum wage earnings, herein excepted, they are required
to file their statement of assets and liabilities in the manner and form
prescribed under Republic Act 3019, not later than November 29, 1974.
SEC. 3. Any person who still has any undeclared/untaxed income
and/or wealth acquired in 1972 and/or prior years who would qualify to
avail of previous tax amnesties granted under Presidential Decree Nos.
23, 157, 213 and 370 may, under this Decree, avail of the tax amnesty
under Presidential Decree No. 370, the effectivity of which is hereby
extended up to November 29, 1974;
SEC. 4. Any person required to file the statement under
Presidential Decree No. 379, as amended, who knowingly makes a false
declaration or who deliberately fails to file or to comply with any of
the provisions thereof shall upon conviction pay a fine of not less than
one thousand pesos, but not more than five thousand pesos, and
imprisonment of not less than six months, but not more than two years.
However, failure to file the statement not due to willful
neglect, shall be punishable by a fine of not more than one thousand
(Pl,000.00) pesos and imprisonment of not more than six months.
SEC.
5. Any law, decree, rules and/or regulations contrary to or
inconsistent herewith are deemed repealed, modified or amended
accordingly.
SEC. 6. The Secretary of Finance, upon recommendation of
the Commissioner of Internal Revenue, shall issue rules and regulations
to implement this Decree.
SEC. 7. This Decree shall take effect immediately upon
approval.
Done in the City of Manila, this 30th day of September, in the
year of Our Lord, nineteen hundred and seventy-four.
(Sgd.)
FERDINAND E. MARCOS
President 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).
