IMPOSING AN ENERGY TAX ON MOTORIZED WATERCRAFT USED FOR PLEASURE AND RECREATION AND AMENDING SECTION 3301 OF PRESIDENTIAL DECREE NO. 34 OTHERWISE KNOWN AS THE TARIFF AND CUSTOMS CODE OF THE PHILIPPINES.

• Number: Presidential Decree No. 845
• Sections: 5

Preamble

WHEREAS, there is need to regulate the use and operation of

vessels used for pleasure and recreation consistent with the

Government's energy and fuel conservation program; and

WHEREAS, there is need to establish realistic registration

fees for all watercrafts;

WHEREAS, there is also need for additional revenue to

support economic development;

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 the following:

Section 1

SECTION 1. Section 3301 of Presidential Decree No. 34 is

hereby amended to read as follows:

"SEC. 3301. Other Fees and Charges. —For services

rendered and documents issued by the Bureau of Customs, the following

fees shall be charged and collected, by affixing documentary customs

stamps in the correct amount upon the document or any other paper which

is the subject to the charge and by the cancellation of such stamps in

the manner prescribed by the Commissioner, and no such document or any

other paper shall be issued or granted by any customs official until the

correct amount of stamps shall have been affixed and cancelled: Provided,

however, That fees of twenty pesos or over may be paid in cash:

For each certificate of Philippine registry or ownership:

1.

In case of a vessel of not more than fifteen

tons gross

P100.00

2.

In case of a vessel of more than fifteen but not more than

fifty tons gross

150.00

3.

In case of a vessel of more than fifty but not more than

one hundred tons gross

200.00

4.

In case of a vessel of more than one hundred but not more

than two hundred and fifty tons gross

300.00

5.

In case of a vessel of more than two hundred and fifty but

not more than five hundred tons gross

500.00

6.

In case of a vessel of more than five hundred but not more

than seven hundred and fifty tons gross

750.00

7.

In case of a vessel of more than seven hundred and fifty

but not more than one thousand tons gross

1,000.00

8.

In case of a vessel of more than one thousand but not more

than one thousand five hundred tons gross

1,500.00

9.

In case of a vessel of more than one thousand five hundred

but not more than three thousand tons gross

2,000.00

10.

In case of a vessel of more than three thousand but not

more than five thousand tons gross

3,000.00

11.

In case of a vessel of more than five thousand tons gross

5,000.00"

Section 2

SEC. 2. In addition to the applicable fees provided for in

Section 3

SEC. 3. This decree shall take effect immediately.

Done in the City of Manila, this 12th day of December, in the

year of Our Lord, nineteen hundred and seventy-five.

(Sgd.)

FERDINAND E. MARCOS

President

Republic of the Philippines

By the President:

(Sgd.)

JUAN C. TUVERA

Presidential Assistant

Section 3301

Section 3301 of Presidential Decree No. 34, there is hereby imposed on

all motorized speedboats, yachts, launches and other watercraft designed

and/or used for pleasure and recreation whether operated for profit or

not an energy tax payable annually in the following amounts:

1.

In case of vessel with a length of not more than

five meters

1,000.00

2.

In case of a vessel with a length of more than five meters

but not more than fifteen meters

2,500.00

3.

In case of a vessel with a length of more than fifteen

meters but not more than twenty-five meters

4,000.00

4.

In case of a vessel with a length of more than twenty-five

meters but not more than thirty-five meters

5,500.00

5.

In case of a vessel with a length of more than thirty-five

meters but not more than forty-five meters

7,000.00

6.

In case of a vessel with a length of more than forty-five

meters but not more than fifty-five meters

8,500.00

7.

In case of a vessel with a length of more than fifty-five

meters but not more than sixty-five meters

10,000.00

8.

In case of a vessel with a length of more than sixty-five

meters but not more than seventy-five meters

11,500.00

9.

In case of a vessel with a length of more than seventy-five

meters but not more than eighty-five meters

13,000.00

10.

In case of a vessel with a length of more than eighty-five

meters but not more than ninety-five meters

14,500.00

11.

In case of a vessel with a length of more than ninety-five

meters

16,000.00

The foregoing tax shall be paid at the time that the fees for the

annual licensing and/or inspection of said vessels are payable.