PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
REPUBLIC ACT NO. 3538 - AN ACT TO EXEMPT THE FORD FOUNDATION AND ITS GRANTS FROM THE PAYMENT OF GIFT, FRANCHISE, SPECIFIC, PERCENTAGE, REAL PROPERTY, AND ALL OTHER TAXES, DUTIES AND FEES AND TO EXEMPT FOREIGN PERSONNEL ENGAGED IN THE FORD FOUNDATION PROGRAM FROM THE PAYMENT OF INCOME TAX
1. The provisions of existing laws or ordinances to
the contrary notwithstanding, the Ford Foundation shall be exempt from
the payment of gift, franchise, specific, percentage, real property and
all other taxes, duties and fees provided under existing laws or
ordinances. This exemption shall extend to goods imported under the
Ford Foundation grants for scientific, educational and training
purposes to government organizations and private institutions
recognized by the government and to goods brought in or imported for
the personal use of foreign personnel whose services are paid by the
Ford Foundation, or from funds granted by the Ford Foundation:
Provided, however, That this exemption is without prejudice to the
collection of customs duties and taxes on goods or articles brought or
imported into the Philippines for the use of such foreign personnel
should such goods or articles subsequently be sold, transferred or
exchanged in the Philippines to persons or entities not entitled to
exemption from said customs duties and taxes pursuant to existing laws
and regulations governing the matter.
Sec. 2. Non-Filipino citizens serving on the staff of the Ford Foundation grants shall be exempted from the payment of income tax on salaries and stipends in dollars received solely and by reason of service rendered under the Ford Foundation program.
Sec. 3. This Act shall take effect upon its approval.
Approved: June 20, 1963