M a n i l a
PRESIDENTIAL DECREE No. 563 September 30, 1974
EXTENDING THE PERIOD OF FILING OF THE STATEMENT OF ASSETS, LIABILITIES AND NET WORTH AND ALLOWING TAXPAYERS 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 nation-wide 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;
Section 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).
(1) Barangay Chairman and other Barangay officials;
(2) Classroom teachers of public schools;
(3) Laborers, messengers, janitors, drivers, mail carriers and minimum wage earners in the government service;
(4) Temporary and casual employees of the government; and
(5) Barrio officials.
provided that in the case of messengers, janitors, drivers, mail carriers and minimum wage earners, 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.
Section 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, 1972;
Section 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 (P1,000.00) pesos and imprisonment of not more than six months.
Section 5. Any law, decree, rules and/or regulations contrary to or inconsistent herewith are deemed repealed, modified or amended accordingly.
Section 6. The Secretary of Finance, upon recommendation of the Commissioner of Internal Revenue, shall issue rules and regulations to implement this Decree.
Section 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.
The Lawphil Project - Arellano Law Foundation