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BIR Ruling [DA-(FIT-004) 083-10]
May 28, 2010
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Bureau of Internal Revenue
BIR Rulings
Taxation
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BIR Ruling [DA-(FIT-004) 083-10]
•May 28, 2010
May 28, 2010BIR RULING [DA-(FIT-004) 083-10]Sec. 27 (D) (1); DA (FIT-005) 155-2009Standard Chartered BankStandard Chartered Bank Building6788 Ayala Avenue, Makati CityAttention: Brigitte A. IgnacioAVP-Priority BankingMakati BranchGentlemen :This refers to your letter dated February 08, 2010 requesting for revalidation of the exemption from the 20% and 7.5% final taxes on interest income from local bank deposits and foreign currency deposits of the following De La Salle non-stock, non-profit educational institutions with their corresponding details of certificate of tax exemption: 1. DE LA SALLE UNIVERSITY — BIR Ruling No. 176-88 dated May 4, 19882. LA SALLE EDUCATIONAL INNOVATORS FOUNDATION — BIR Ruling No. 408-88 dated August 23, 19883. DE LA SALLE SANTIAGO ZOBEL (formerly, De La Salle South, Inc.) — BIR Ruling No. 169 dated May 03, 19884. HERMANO (SAN) MIGUEL FEBRES CORDERO MEDICAL EDUCATION — BIR Ruling No. 177-88 dated May 4, 19885. FREE (SAINT) BENILDE ROMANCON EDUCATION — BIR Ruling No. 178-88 dated May 4, 19886. DE LA SALLE ARANETA UNIVERSITY, INC. — (formerly Gregorio Araneta University) — February 26, 19907. UNIVERSITY OF ST. LA...
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