REPUBLIC ACT No. 3463
An Act to Exempt the Peoples Homesite and Housing Corporation from the Payment of All Taxes, Duties, Fees and Other Charges
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
Section 1. Peoples Homesite and Housing Corporation taxes
-The provision of law to the contrary notwithstanding, the Peoples Homesite and Housing Corporation is hereby exempted from the payment of any and all fees and taxes of any kind, whether local of general, such as income and realty taxes, special assessments, customs duties, exchange tax, building fees and others.
Section 2. Documents and contracts
-All documents or contracts executed by or in favor of the Peoples Homesite and Housing Corporation shall also be exempt from the payment of documentary stamp tax and registration fees, including fees for the issuance of titles.
Section 3. Condonation of unpaid taxes
-All taxes remaining unpaid by the Peoples Homesite and Housing Corporation up to the passage of this Act are hereby condoned.
Section 4
This Act shall take effect upon its approval.
Approved: June 16, 1962.
For information and research only, and not legal advice. This text may not reflect later amendments. For certified copies, refer to the Official Gazette or the issuing agency.