Preamble
WHEREAS, there is presently being held in Manila, the United Nations Conference on Trade and Development (USCTAD V) from May 7 to June 1, 1979; WHEREAS, the hotel room tax is an indirect tax on services which is passed on by the proprietors, operators or keepers of hotels to their guests; WHEREAS, based on existing Philippine laws and the provisions of the Convention on the Privileges and Immunities of the United Nations, no exemption from the payment of the 10% hotel room occupancy tax imposed under Section 205-A of the National Internal Revenue Code is extended to U.N. officials and representatives of member countries to the UNCTAD V; NOW, TEEREFORE, I, FERDINAND E. MARCOS, President of the Republic of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby order and decree the following: