PD 667 Section 1

Section 1

SECTION 1. Exporters of Philippine products shall be allowed to deduct from their taxable income to the extent of one hundred-fifty percentum (150%) of the amount of overseas freight expenses and arrastre charges in Philippine ports, provided that shipments are made on board vessels of Philippine registry.

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Other provisions in PD 667

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 667 Section 1 (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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