EXECUTIVE ORDER NO. 884 March 16, 1983
UNIFYING THE SPECIFIC TAX RATES ON DOMESTIC AND IMPORTED CINEMATOGRAPHIC FILMS REGARDLESS OF MEASUREMENT
WHEREAS, the present rate structure of specific tax on domestically produced and imported cinematographic films is based on measurement per linear meter;
WHEREAS, in line with the objective of promoting administrative simplicity it is necessary to adopt a uniform rate, regardless of measurement in the imposition of the specific tax on cinematographic films.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Republic of the Philippines, by virtue of the powers vested in me by the Constitution and by Section 290-B of the National Internal Revenue Code of 1977, as amended, do hereby direct and order that:
Sec. 1. Section 157 of the National Internal Revenue Code, as amended, is hereby amended to read as follows:
Sec. 157. Specific tax on Cinematographic films. There shall be collected, once only, on cinematographic films, including television films, REGARDLESS OF MEASUREMENT, the provisions of existing laws to the contrary notwithstanding, [the following taxes: (a) On films of not more than sixteen millimeters in width, twenty-two and one half centavos per linear meter; and (b) On films of more than sixteen millimeters in width, thirty centavos per linear meter.] A TAX AMOUNTING TO TWENTY-SIX CENTAVOS PER LINEAR METER.
"If the films are imported, the tax shall be increased by fifty per centum.
"Educational films, cinematographic films used for visual education, whether manufactured in the Philippines or imported, shall be exempt from the tax prescribed in this section.
"This tax shall not be collected on tax-paid cinematographic films subsequently returned to the Philippines or on any negative film or unprinted positive film, and on any reversal film used in amateur photography of sixteen millimeters or less, and any tax heretofore paid on cinematographic films so returned, or on any negative film or unprinted positive film, or on any reversal film shall be refunded subject to the provisions of Section two hundred ninety-five of the Tax Code."
Sec. 2. This Order shall take effect immediately. lawphi1.net
Done in the City of Manila, this 16th day of March in the Year of Our Lord, nineteen hundred and eighty-three.
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