Amending tax exemptions for AFP and PC/INP stores

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EXECUTIVE ORDER NO. 76: Amending tax exemptions for AFP and PC/INP stores

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Title Supreme Court: Amending tax exemptions for AFP and PC/INP stores

Law: Executive Order No. 76

Decision Date: Dec 2, 1986

Corazon C. Aquino's Executive Order No. 76 amends Presidential Decree No. 1955 to restore tax-free privileges for the New Armed Forces of the Philippines Commissary and Exchange Service and the PC/INP Service Stores System, aiming to alleviate the financial burdens on military personnel and their dependents during an economic crisis.

executive order

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Context and Rationale

The nation was experiencing an economic crisis causing financial disruption across all social sectors.
The removal of tax-free privileges for NAFP Commissary and Exchange Service and PC/INP Service Stores System compounded hardships suffered by military and police personnel.
Recognizes the critical role of peace and democracy defenders and aims to improve their economic condition.

Amendments to Presidential Decree No. 1955

Inclusion of two new entities among those exempted from duty and tax withdrawal:
- New Armed Forces of the Philippines Commissary and Exchange Service (NAFPCES)
- PC/INP Service Stores System (PC/INPSS)
These entities are explicitly added to Section 1 as exemptions to maintain their duty and tax privileges.

Legal Effect and Implementation

The Executive Order takes effect immediately upon its signing.
The order was signed by President Corazon C. Aquino on December 2, 1986, in Manila.
Directs responsible officials and agencies to enforce the reinstated exemptions without delay.

Significance

Reinforces the commitment of the government to the welfare of armed forces and police personnel.
Provides economic relief by restoring tax and duty privileges, potentially lowering costs of goods in commissary and service stores.
Supports the morale and economic stability of personnel serving to uphold peace and national security.

END