The Travel Tax Exemption shall be granted for a period of five (5) years from the effectivity of this Order. A Travel Tax Exemption Certificate may be secured from the Tourism Infrastructure and Enterprise Zone Authority.
The National Economic and Development Authority, in coordination with all relevant government agencies, is hereby directed to conduct an impact study on the implementation of this Order and submit an annual report to the Office of the President for the purpose of determining whether the exemption shall be continued or revoked.
This Memorandum Order shall take effect immediately.
DONE, in the City of Manila, this 8th day of May , in the year of Our Lord, Two Thousand and Eighteen.
(SGD.) RODRIGO ROA DUTERTE
By the President:
(SGD.) SALVADOR C. MEDIALDEA
Executive Secretary