ChanRobles Virtual law Library
PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
Home > Chan Robles Virtual Law Library > Philippine Laws, Statutes & Codes > :
Search for
www.chanrobles.com
:
EXECUTIVE ORDERS
PLEASE CLICK HERE FOR THE LATEST ➔ PHILIPPINE LAWS, STATUTES & CODES
EXECUTIVE ORDER NO. 550 - REVISING
THE RATES OF SPECIFIC TAX ON GASOLINE
WHEREAS,
the recent increases in the prices of crude oil has adversely affected
all infrastructure projects with the consequent escalation of prices of
vital project materials and equipment; and
WHEREAS, the country’s economic development cannot be deferred in the
face of constant price increases.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution, and by
Section 158-A of the National Internal Revenue Code, as amended by
Presidential Decree No. 1393, do hereby order as follows:
Section 1.
Regular
gasoline
Premium
gasoline
Sec. 2.
Done in the City of Manila,
this 1st day of August, in the year of Our Lord, nineteen hundred and
seventy-nine.
chanrobles virtual law library
Back to Main
chan
robles virtual law library
Since 19.07.98.