ESTATE TAX – EXCLUSIONS and EXEMPTIONS

PRESIDENTIAL DECREE NO. 1146

May 31, 1977

AMENDING, EXPANDING, INCREASING AND INTEGRATING THE SOCIAL

SECURITY AND INSURANCE BENEFITS OF GOVERNMENT EMPLOYEES AND
FACILITATING THE PAYMENT THEREOF UNDER COMMONWEALTH ACT NO.
186, AS AMENDED, AND FOR OTHER PURPOSES

SECTION 33. Exemption from Tax, Legal Process and Lien. — It is hereby
declared to be the policy of the State that the actuarial solvency of the
funds of the System shall be preserved and maintained at all time and
that the contribution rates necessary to sustain the benefits under this Act
shall be kept as low as possible in order not to burden the members of the
System and/or their employees. Taxes imposed on the System tend to
impair the actuarial solvency of its funds and increase the contribution
rate necessary to sustain the benefits under this Act. Accordingly,
notwithstanding any laws to the contrary, the System, its assets, revenues
including all taxes, assessments, fees, charges or duties of all kinds. These
exemptions shall continue unless expressly and specifically revoked and
any assessment against the System as of the approval of this Act are
hereby considered paid.

The benefits granted under this Act shall not be subject, among others, to
attachment, garnishment, levy or other processes. This, however, shall not
apply to obligations of the member to the System, or to the employer, or
when the benefits granted herein are assigned by the member with the
authority of the System.

PRESIDENTIAL DECREE NO. 1616

April 10, 1979

CREATING THE "INTRAMUROS ADMINISTRATION" FOR PURPOSES OF

RESTORING AND ADMINISTERING THE DEVELOPMENT OF INTRAMUROS

SECTION 16. Grants/contributions. — The administration is authorized to

accept and receive grants/contributions from private parties to the
obligated and disbursed in such manner as the Authority may, in the
exercise of sound discretion, deem best to accelerate the restoration or
enhance the maintenance of historical facilities in Intramuros and
contribute to their development and preservation. The Administration is
likewise authorized to give grants and contributions to private parties for
the restoration or maintenance of historical facilities in Intramuros. All
grants and donations to the Intramuros Administration shall be exempt
from donors and other taxes and shall be fully deductible, over and above
what is ordinarily allowable under the national internal revenue code, for
purposes of computing liabilities of the donor on income tax, estate tax, or
gift or donor's tax on other donations: Provided, That the value or
donations in kind shall be determined in consultation with the
Commissioner of Internal Revenue.

REPUBLIC ACT NO. 227

June 5, 1948

AN ACT TO EXEMPT FROM THE PAYMENT OF INCOME AND OTHER TAXES

THE AMOUNTS COLLECTED BY A TAXPAYER FOR DAMAGES SUFFERED
DURING THE WAR

SECTION 1. Any amount received by a taxpayer from the Government of

the United States or of the Philippines, or from any of their agencies and
instrumentalities, for or on account of damages or losses suffered during
the last war is hereby exempted from the payment of income tax and/or
any other taxes to the Government of the Philippines; and any such tax
heretofore collected thereon shall be credited, if such credit is requested,
within one year from the approval of this Act.

REPUBLIC ACT NO. 360

June 9, 1949

AN ACT EXEMPTING FROM ASSIGNMENT, TAXATION, CLAIMS OF

CREDITORS, ATTACHMENT, LEVY OR SEIZURE, BENEFITS DERIVED BY
BENEFICIARIES RESIDING IN THE PHILIPPINES UNDER LAWS OF THE
UNITED STATES ADMINISTERED BY THE UNITED STATES VETERANS
ADMINISTRATION

SECTION 1. Payments of benefits due or become due to any person

residing in the Philippines under the laws of the United States
administered by the United States Veterans Administration shall not be
assignable, and such payments made to, or on account of, a beneficiary
under any laws of the United States administered by the United States
Veterans Administration relating to veterans residing in the Philippines
shall be exempt from taxation as well as from claims of creditors, and shall
not be liable to attachment, levy, or seizure by or under any legal or
equitable process whatsoever, either before or after receipt by the
beneficiary. Such provisions shall not attach to claims of the United States
arising under such laws nor shall the exemption herein contained as to
taxation extend to any property purchased in part or wholly out of such
payments: Provided, That if the benefits be insurance payable by reason
of yearly renewable term or of United States Government or National
Service Life (converted) Insurance issued by the United States, the
exemption herein provided shall be inapplicable to indebtedness existing
against the particular insurance contract upon the maturity of which the
claim is based, whether such indebtedness be in the form of liens to
secure unpaid premiums, of loans, or interest on such premiums or loans,
or indebtedness arising from overpayments of dividends, refunds, loans,
or other insurance benefits.

REPUBLIC ACT NO. 1161

June 18, 1954

AN ACT TO CREATE A SOCIAL SECURITY SYSTEM PROVIDING SICKNESS,

UNEMPLOYMENT, RETIREMENT, DISABILITY AND DEATH BENEFITS FOR
EMPLOYEES

Section 16. Exemption from Tax, Legal Process and Lien. — All laws to the
contrary notwithstanding the SSS and all its assets and properties, all
contributions collected and all accruals thereto and income or investment
earnings therefrom as well as all supplies, equipment, papers or
documents which may be required in connection with the operation or
execution of this Act shall be exempt from any tax, assessment, fee,
charge, or customs or import duty; and all benefit payments made by the
SSS shall likewise be exempt from all kinds of taxes, fees or charges, and
shall not be liable to attachments, garnishments, levy or seizure by or
under any legal or equitable process whatsoever, either before or after
receipt by the person or persons entitled thereto, except to pay any debt
of the covered employee to the SSS. No tax measure hereafter enacted
shall apply to the SSS, unless it expressly revokes the declared policy of
the State in section two hereof granting tax-exemption to the SSS. Any tax
assessment against, and still unpaid by the SSS shall be null and void. (As
amended by Sec. 9, P.D. No. 24, S-1972 and Sec. 14, P.D. No. 735, S-1975)