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PD 1840 Section 2

Conditions for Immunity.

Section 2

SEC. 2. Conditions for Immunity. — The immunity granted under Section one of this Decree shall apply only under the following conditions: Such previously untaxed income and/or wealth must have been earned or realized in any of the years 1974 to 1980; The taxpayer must file an amnesty return on or before November 30, 1981, and fully pay the tax due thereon; The amnesty tax paid by the taxpayer under this Decree shall not be less than P1,000.00 per taxable year; The taxpayer must file a statement of assets, liabilities and net worth as of December 31, 1980, as required under Section 6 hereof.

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Other provisions in PD 1840

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

CitationPD 1840 Section 2 (LawPlayer, data as of July 4, 2026)

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

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