EXECUTIVE ORDER NO. 53
EXECUTIVE ORDER NO. 53 - DIRECTING
ALL GOVERNMENT AGENCIES CONCERNED TO PROVIDE THE BUREAU OF INTERNAL
REVENUE WITH THE NECESSARY INFORMATION TO HELP INCREASE TAX COLLECTIONS
WHEREAS, various information are required
to be submitted to different agencies and instrumentalities;
WHEREAS, relevant and pertinent information submitted to the said
government agencies and instrumentalities can be effectively utilized
by the Bureau of Internal Revenue (BIR) in tax law enforcement to
maximize compliance;
NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Philippines, do
hereby order that:
Section 1. The following agencies shall provide the
following data to the Bureau of Internal Revenue on a regular basis, as
provided for in the implementing revenue regulations:
1.
DEPARTMENT OF TRADE AND INDUSTRY: Production and sales of manufacturing
companies per industry.
2. DEPARTMENT
OF TRANSPORTATION AND COMMUNICATION:
2.1.
Gross receipts of land, sea and air transport firms per company; and
2.2. Revenues of
telecommunications/ telephone/ telegraph/ radio firms per
company.
3.
CENTRAL BANK OF THE PHILIPPINES: Amounts of interest income and other
income (e.g royalties, profits from foreign exchange transactions,
rental of property) of banks and their branches per company.
4. ALL
DEPARTMENTS, AGENCIES AND INSTRUMENTALITIES OF THE GOVERNMENT INCLUDING
GOVERNMENT-OWNED AND CONTROLLED CORPORATIONS: Contracts entered into
with private contractors.
5. SECURITIES
AND EXCHANGE COMMISSION; Names and addresses of all active registered
corporations and partnership, with their financial statements.
Sec. 2. Local governments units, government-owned
and controlled corporations, and other agencies and instrumentalities
of the government shall, without hesitation, immediately comply with a
request of the BIR for information relevant to its mission of
effectively implementing the revenue laws.
Sec. 3. The Bureau of Internal Revenue shall
utilize the data provided to them in evaluating tax compliance and to
improve internal revenue tax collection efficiency. The Commissioner
shall submit a quarterly report to the Secretary of Finance, President
and Congress on the results of this measures.
Sec. 4. The Secretary of the Budget and Management
shall give preferential budgetary support to the tax administration
function of the BIR and all appropriate programs designed to improve
the effectiveness of tax collection.
Sec. 5. The Department of Finance shall enter into
a Memorandum of Agreement with the appropriate agency or
instrumentality of the National Government and local government units
for the purpose of formulating procedures designed to ensure full
compliance by those concerned with the requirements of this Executive
Order.
Sec. 6. The Department of Finance, upon the
recommendation of the Commissioner of Internal Revenue, shall
promulgate the necessary revenue regulations to implement this
Executive Order. The regulations shall provide for a phased
implementation of this Executive Order.
Sec. 7. This Executive Order shall take effect
immediately.
DONE in the City of Manila,
this 22nd day of January, in the year of our Lord nineteen hundred and
ninety-three.
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Since 19.07.98.