PRESIDENTIAL DECREE NO. 707, May 27, 1975
AMENDING REPUBLIC ACT NUMBERED TWENTY THREE HUNDRED AND THIRTY-EIGHT, ENTITLED, “AN ACT TO PROVIDE FOR REWARD TO INFORMERS OF VIOLATIONS OF THE INTERNAL REVENUE AND CUSTOMS LAWS”.
Presidential Decrees May 27, 1975
I, FERDINAND E. MARCOS, President of the Philippines, by
virtue of the powers vested in me by the Constitution, do hereby order
and decree:
virtue of the powers vested in me by the Constitution, do hereby order
and decree:
SECTION 1. The provisions of Section 1 of R.A. 2338, to the
contrary notwithstanding, the reward authorized to be paid qualified
informers shall be limited to the sum equivalent to five (5%) per centum
of the realized revenues, surcharges, compromises and penalties
established by law, collected and accounted for as a result of the
information furnished.
SEC. 2. All laws, acts, decrees, orders, and regulations
inconsistent herewith are considered repealed and/or modified
accordingly.
SEC. 3. This Decree shall take effect upon its approval.
Done in the City of Manila, this 27th day of May, in the year of
Our Lord, nineteen hundred and seventy-five.
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(Sgd.)
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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.)
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ALEJANDRO MELCHOR | |||||||
| Executive Secretary | ||||||||