May 28, 2010
BIR RULING [DA-(FIT-004) 083-10]
Sec. 27 (D) (1); DA (FIT-005) 155-2009
Standard Chartered Bank
Standard Chartered Bank Building
6788 Ayala Avenue, Makati City
Attention: Brigitte A. Ignacio
AVP-Priority Banking
Makati Branch
Gentlemen :
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, 1988
2. LA SALLE EDUCATIONAL INNOVATORS FOUNDATION — BIR Ruling No. 408-88 dated August 23, 1988
3. DE LA SALLE SANTIAGO ZOBEL (formerly, De La Salle South, Inc.) — BIR Ruling No. 169 dated May 03, 1988
4. HERMANO (SAN) MIGUEL FEBRES CORDERO MEDICAL EDUCATION — BIR Ruling No. 177-88 dated May 4, 1988
5. FREE (SAINT) BENILDE ROMANCON EDUCATION — BIR Ruling No. 178-88 dated May 4, 1988
6. DE LA SALLE ARANETA UNIVERSITY, INC. — (formerly Gregorio Araneta University) — February 26, 1990
7. UNIVERSITY OF ST. LA...
