provide for the needs of those under its
AN ACT AMENDING THE NATIONAL
INTERNAL REVENUE
CODE AS AMENDED AND FOR OTHER
PURPOSES
Republic Act No. 8424 of the Tax Reform
Act of 1997 was passed in December
1997, in the midst of the Asian financial
crisis. It implemented a gradual rate
reduction from 35 percent to 32 percent
for both corporate income and the top
margin of individual income.
TAX REFORM ACT OF 1997
It also set a two percent minimum for
corporate income tax, imposed a final
withholding tax on dividends and
increased personal income exemptions.
TAX REFORM ACT OF 1997
It was implemented on January 1, 1998.
Juan
Ponce Enrile is the major sponsor and
advocate
of this act.
SECTION 1
Short Title. This Act shall be cited as the
"Tax Reform Act
of 1997."
SECTION 2
State Policy. - It is hereby declared the
policy of the State to promote sustainable
economic growth through the
rationalization of the Philippine internal
revenue tax
system, including tax administration; to
provide, as much as possible, an equitable
relief to a greater number of taxpayers in
order to improve levels of disposable
income and increase economic activity;
and to create a robust environment for
business to enable firms to compete
better in the regional as well as the global
market, at the same time that the State
ensures that Government is able to
jurisdiction and care.
SECTION 3
Presidential Decree No. 1158, as amended
by, among others,
Presidential Decree No. 1994 and
Executive Order No. 273,
otherwise known as the National Internal
Revenue Code.
SECTION 4
The Secretary of Finance shall, upon the
recommendation of the Commissioner of
Internal Revenue, promulgate and publish
the necessary rules and regulations for
the effective implementation of this Act
SECTION 5
Transitory Provisions. — Deferment of
the Effectivity of the Imposition of VAT on
Certain Services. — The effectivity of the
imposition of the value added tax on
services as prescribed in Section 17(a) and
(b) of Republic Act No. 7616, as amended
by Republic Act No. 8241, is hereby
further deferred until December 31, 1999,
unless Congress deems otherwise:
Provided, That the said services shall
continue to pay the applicable tax
prescribed under the present provisions of
the National Internal Revenue Code, as
amended.
SECTION 6
Separability Clause. — If any provision of
this Act is
subsequently declared unconstitutional,
the validity of the
remaining provisions hereof shall remain
in full force and
effect.
SECTION 7
Repealing Clauses.
A.) The provision of Section 17 of Republic
Act No. 7906,
otherwise known as the "Thrift Banks Act
of 1995" shall
continue to be in force and effect only
until December 31,
1999.
SECTION 7
Effective January 1, 2000, all thrift banks,
whether in operation as of that date or
thereafter, shall no longer enjoy tax
exemption as provided under Section 17
of R. A. No. 7906,
thereby subjecting all thrift banks to taxes,
fees and charges in
the same manner and at the same rate as
banks and other
financial intermediaries.
SECTION 7
Repealing Clauses.
(B) The provisions of the National Internal
Revenue Code, as
amended, and all other laws, including
charters of govern mentowned or -
controlled corporations, decrees, orders
or
regulations or parts thereof, that are
inconsistent with this Act are hereby
repealed or amended accordingly.
SECTION 8
Effectivity. This Act shall take effect on
January 1,
1998.
REPUBLIC ACT 7160 Local Government
Code of 1991
REPUBLIC ACT 7160
In 1991, Republic act No. 7160, otherwise
known as the
Local Government Code was enacted into
law,
transferring control and responsibility of
delivering basic
services to the hands of local government
units (LGU). It
aimed to enhance provision of services in
the grass roots
level as well as improve the efficiency in
resource
allocation. Further, it sought to widen the
decision
making space by encouraging the
participation of stake
holders, especially in the local level.
REPUBLIC
ACT 7160
The purpose of this is to provide a more
responsive Local Government Structure
instituted through a system of
decentralization whereby Local
Government Units are delegated more
powers, authority, responsibilities and
resources.
REPUBLIC ACT 7160
It was implemented on January 1,1992.
The provincial, city,
municipal, and barangay governments are
the agencies primarily responsible for the
implementation of the Code in
their areas of jurisdictions.
BOOK ONE
GENERAL PROVISIONS
BOOK TWO LOCAL TAXATION AND FISCAL
MATTERS
BOOK THREE LOCAL GOVERNMENT UNITS
BOOK FOUR MISCELLANEOUS AND
FINAL PROVISIONS
PRESIDENTIAL DECREE 442 Labor Code
of the Philippines
As amended, A decree instituting a labor
code thereby revising and consolidating
labor and social
laws to afford protection to labor, NATIONAL MANPOWER DEVELOPMENT
promote employment PROGRAM
and human resources development and Chapter I
insure industrial peace based on social NATIONAL POLICIES AND
justice. ADMINISTRATIVE
MACHINERY FOR THEIR
It was enacted Labor Day, May 1,1974 by IMPLEMENTATION
late President of the Philippines Ferdinand (Article 43-56)
Marcos in the exercise of his then extant
legislative powers. Title II
TRAINING AND
Chapter I EMPLOYMENT OF SPECIAL
GENERAL PROVISIONS (Article 1-6) WORKERS
Chapter II EMANCIPATION OF TENANTS Chapter I
(Article 7-11) APPRENTICES (Article 57-72)

BOOK ONE Chapter II

PRE-EMPLOYMENT LEARNERS (Article 73-77)
(Article 12) Chapter III
HANDICAPPED WORKERS
TITLE I (Article 78-81)
RECRUITMENT AND PLACEMENT OF
WORKERS BOOK THREE
CONDITIONS OF EMPLOYMENT

Title I
Chapter I WORKING CONDITIONS AND REST
GENERAL PROVISIONS PERIODS
(Article 13-24) Chapter I
Chapter II HOURS OF WORK (Article 82-90)
REGULATION OF RECRUITMENT AND Chapter II
PLACEMENT ACTIVITIES WEEKLY REST OF PERIODS
(Article 25-35) (Article 91-93)
Chapter III Chapter III
MISCELLANEOUS PROVISIONS HOLIDAYS, SERVICE INCENTIVE LEAVES
(Article 36-39) AND SERVICE CHARGES
(Article 94-96)
Title II
EMPLOYMENT OF Title II
NON-RESIDENT ALIENS WAGES
(Article 40-42) Chapter I
PRELIMINARY MATTERS
BOOK TWO (Article 97-98)
HUMAN RESOURCES Chapter II
DEVELOPMENT PROGRAM MINIMUM WAGE RATES
(Article 99-101)
Title I Chapter III
PAYMENT OF WAGES EMPLOYEES COMPENSATION
(Article 102-111) AND STATE INSURANCE FUND
Chapter I
Chapter IV POLICY AND DEFINITIONS
PROHIBITIONS REGARDING (Article 166-167)
WAGES Chapter II
(Article 112-119) COVERAGE AND LIABILITY
Chapter V (Article 168-175)
WAGE STUDIES, WAGE Chapter III
AGREEMENTS AND WAGE ADMINISTRATION
DETERMINATION (Article 120-127) (Article 176-182)
Chapter VI
ADMINISTRATION AND Chapter VII
ENFORCEMENT DEATH BENEFITS (Article 194)
(Article 128-129) Chapter VIII
PROVISIONS COMMON TO
Title III INCOME BENEFITS
WORKING CONDITIONS FOR SPECIAL (Article 195-204)
GROUPS OF EMPLOYEES Chapter IX
Chapter I RECORDS, REPORTS AND PENAL
EMPLOYMENT OF WOMEN PROVISIONS
(Article 130-138) (Article 205-208-A)
Chapter II
EMPLOYMENT OF MINORS Title III
(Article 139-140) MEDICARE
Chapter III (Article 209)
EMPLOYMENT OF HOUSEHELPERS
(Article 141-152) Title IV
Chapter IV ADULT EDUCATION
EMPLOYMENT OF HOMEWORKERS (Article 210)
(Article 153-155)
BOOK FOUR BOOK FIVE
HEALTH, SAFETY AND SOCIAL WELFARE LABOR RELATIONS
BENEFITS
Title I
Title I POLICY AND DEFINITIONS
MEDICAL, DENTAL AND Chapter I
OCCUPATIONAL SAFETY POLICY
Chapter I (Article 211)
MEDICAL AND DENTAL SERVICES (Article Chapter II
156-161) DEFINITIONS
Chapter II (Article 212)
OCCUPATIONAL HEALTH AND
SAFETY Title II
(Article 162-165) NATIONAL LABOR RELATIONS
COMMISSION
Title II Chapter I
CREATION AND COMPOSITION Title VII-A
(Article 213-216) GRIEVANCE MACHINERY AND VOLUNTARY
Chapter II ARBITRATION
POWER AND DUTIES (Article 260-262-B)
(Article 217-222)
Chapter III Title VIII
APPEAL (Article 223-225) STRIKES AND LOCKOUTS AND FOREIGN
INVOLVEMENT IN TRADE UNION
ACTIVITIES
Title III Chapter I
BUREAU OF LABOR STRIKES AND LOCKOUTS
RELATIONS (Article 263-266)
(Article 226-233) Chapter II
ASSISTANCE TO LABOR ORGANIZATIONS
Title IV (Article 267-268)
LABOR ORGANIZATIONS
Chapter I Chapter III
REGISTRATION AND CANCELLATION FOREIGN ACTIVITIES
(Article 234-240) (Article 269-271)
Chapter II Chapter IV
RIGHTS AND CONDITIONS OF PENALTIES FOR VIOLATION
MEMBERSHIP (Article 272)
(Article 241)
Chapter III Title IX
RIGHTS OF LEGITIMATE LABOR SPECIAL PROVISIONS
ORGANIZATIONS (Article 242) (Article 273-277)
BOOK SIX
Title V POST EMPLOYMENT
COVERAGE Title I
(Article 243-246) TERMINATION OF EMPLOYMENT
(Article 278-286)
Title VI Title II
UNFAIR LABOR PRACTICES RETIREMENT FROM THE SERVICE
Chapter I (Article 287)
CONCEPT (Article 247)
Chapter II BOOK SEVEN
UNFAIR LABOR PRACTICES OF EMPLOYERS TRANSITORY AND FINAL PROVISIONS
(Article 248) Title I
Chapter III PENAL PROVISION ANDA LIABILITIES
UNFAIR LABOR PRACTICES OF LABOR (Article 288-289)
ORGANIZATIONS
(Article 249) Title II
Title VII PRESCRIPTION OF OFFENSES AND CLAIMS
COLLECTIVE BARGAINING AND (Article 290-292)
ADMINISTRATION OF AGREEMENTS Title III
(Article 250-259) TRANSITORY AND FINAL PROVISIONS
(Article 293-302)