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LETTER OF INSTRUCTIONS
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LETTER OF INSTRUCTIONS NO. 186
TO
: The Secretary of Finance;
All Other Department Heads
The Commissioner of Internal Revenue;
All Other Heads of Bureaus, Agencies and
Instrumentalities of the Government;
All Provincial, City and Municipal Officials;
All Barangay Heads; and
Other Concerned.
SUBJECT : Full implementation of Presidential Decree No. 379, as amended by Presidential Decree
No. 417 in relation to Presidential Decree No. 370 and Republic Act No. 3019, otherwise
known as the Anti-Graft and Corrupt Practices Act.
In order to fully implement the program of the government together an accurate compilation of statistical data for the establishment of a data bank envisioned in Presidential Decree No. 379, as amended, you are hereby required to comply strictly with the following:
1.
You are enjoined to urge all those who are
required to file the statement of assets, liabilities and networth,
especially officials and employees of the government, to declare
truthfully and accurately all the information required to be included
therein.
2. You are
directed to give the widest publicity to
the provisions of Presidential Decree No. 370 in order to afford the
last opportunity for all concerned to avail of the tax amnesty granted
therein by paying the prescribed rate of tax on all previously untaxed
wealth, gains and acquisitions thereby gaining the immunities granted
therein on all tax liabilities that may be due on the assets required
to be declared under Presidential Decree No. 379, as amended.
3. In
requiring the declaration of all existing
assets, as of December 31, 1973 under Presidential Decree No. 379, as
amended, as well as in the implementation of the provisions of R.A.
3019, the government stands firm and resolute against any violation of
the immunities guaranteed in favor of the declarant under Presidential
Decrees Nos. 23, 157, 213 and 370 and Letters of Instructions Nos. 65
and 129.
4. Upon the
expiration of the period of the tax
amnesty granted under Presidential Decree No. 370, the Commissioner of
Internal Revenue is directed to utilize the entire tax enforcement
machinery of the government in ferreting out those persons who should
have availed of the same but failed to head this call for a last chance
to set their records straight and apply to them the full force of the
law, including if necessary, the arrest of all notorious tax evaders.
The compilation of statistical data on the statement of assets, liabilities and networth required under Presidential Decree No. 379, as amended, is vital to the interests of the country for economic development. Any willful false declaration or deliberate failure to comply with any of the provisions of the said decree shall be dealt with severely.
Done in the City of Manila, this 14th day of May, in the year of Our Lord, nineteen hundred and seventy-four.
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