PRESIDENTIAL DECREE NO. 426-A, March 30, 1974
EXTENDING UP TO MAY 31, 1974 THE DEADLINE FOR THE PAYMENT OF THE FIRST QUARTER INSTALLMENT OF REAL PROPERTY TAXES THAT HAVE ACCRUED SINCE JANUARY 1, 1974
No. 5447, the basic real property lax levied under Commonwealth Act No.
470, as amended, and the additional one percent (1%) realty tax for the
Special Education Fund under Republic Act No. 5447 shall be payable in
four (4) equal installments: the first installment falling due on March
31; the second installment, on June 30; the third installment, on
September 30; and the last installment, on December 31; and
WHEREAS, in order to give the local treasurers and assessors
ample lime to fully disseminate among the taxpayers the implementing
rules and regulations issued by the Secretary of Finance regarding the
assessment of real properties under Presidential Decree No. 76, as
amended, and the proper collection of real property taxes, there is a
need to extend the deadline for the payment of real property taxes
becoming due and payable on March 31, 1974;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers in me vested by the Constitution,
do hereby order the extension of the deadline for the payment of the
first quarter installment of both the basic and the additional one
percent (1%) real property taxes that have accrued since January 1,
1974, from March 31, 1974 to May 31, 1974.
Done in the City of Manila, this 30th day of March, in the year of Our
Lord, nineteen hundred and seventy-four.
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(Sgd.) FERDINAND E.
MARCOS |
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President
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Republic of the Philippines
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By the President: | ||
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(Sgd.) ALEJANDRO
MELCHOR |
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| Executive Secretary | |||