Law Summary
Declaration of Policy
- State policy aims to enhance the capabilities of tax collectors and administrators.
- Focus on improving tax collection efficiency and public service.
- Emphasizes taxpayers' information and education for compliance facilitation.
- Establishes a specialized institution for training and dissemination of tax laws.
Creation of the Philippine Tax Academy
- The Academy is a corporate body with perpetual succession.
- It exercises corporate powers in line with the Act's provisions.
Purpose of the Philippine Tax Academy
- Acts as a learning institution for tax officials from BIR, BOC, and BLGF, including qualified private sector applicants.
- Responsible for training, continuing education, and career development programs.
- Curriculum focuses on tax collection technicalities and civil service career orientation.
- Activities include lectures, workshops, and seminars to enhance skills, knowledge, and moral fitness.
- Mandatory retooling for existing personnel and basic course requirements for new hires.
Corporate Powers of the Academy
- Authority to adopt a corporate seal.
- Can acquire, hold, invest, and convey property for its purposes.
- Ability to maintain funds through subscriptions or donations and apply these funds to its objectives.
- Power to enter into contracts and agreements necessary for its management.
- Capacity to pursue activities and exercise all powers granted to private or government corporations domestically or internationally.
Location and Facilities
- Location determined by the Department of Finance.
- Equipped with learning and workshop facilities, lodging for faculty and trainees.
Governing Board
- Board of Trustees includes representatives from DOF, BIR, BOC, BLGF, and three academic experts.
- Appointments made by the President from nominees, with academic members appointed from universities.
- Members serve 3-year terms, vacancies filled for unexpired terms.
- Members serve without compensation but may receive reasonable honoraria and allowances.
Institutes within the Academy
- Separate institutes for BIR, BOC, and BLGF.
Executive Officers
- Includes a President and Chancellors and Vice Chancellors for each institute.
- All appointed by the Secretary of Finance for three years, eligible for reappointment.
Corps of Professional Instructors
- Composed of qualified individuals with expertise in taxation, public finance, and administration.
- Instructors appointed by the Board upon nomination.
- Appointment complies with Civil Service laws and regulations.
- Staff transfers permitted between the Academy and related bureaus.
Staff Appointments
- Administrative and research staff may be full-time or part-time.
- Subject to Civil Service Law requirements.
- Transfers allowed between the Academy and BIR, BOC, BLGF.
Authority to Enter into Agreements
- Academy can enter consortiums or joint ventures with universities and training institutions to develop and implement curricula and programs.
Income and Donations
- All funds, legacies, gifts, foreign aids, and grants for the Academy are tax-exempt.
- Such funds constitute the Tax Academy Fund, managed exclusively for the Academy's purposes.
Auditing
- The Academy's financial records are subject to regular audits by the Commission on Audit.
Annual Report
- The Academy must submit an annual report to the President, Secretary of Finance, and relevant Congressional Committees detailing activities, accomplishments, and recommendations.
Implementing Rules and Regulations
- The Secretary of Finance, in coordination with BIR, BOC, and BLGF representatives and academe, shall issue rules within 90 days from the Act's effectivity.
Separability Clause
- If any provision is invalidated, the rest of the Act remains effective.
Repealing Clause
- All laws and regulations inconsistent with this Act are repealed or amended accordingly.
Effectivity
- The Act takes effect 15 days after publication in the Official Gazette or two newspapers of general circulation.