June 30, 2009
BIR RULING [NSNP-(S30H-072) 401-09]
par. 3, Sec. 4 Art. XIV, 1987 Constitution
AMA Computer University, Inc.
AMA Building II, #59 Panay Avenue
Quezon City
Attention: Mr. Arnel F. Hibo
VP-Operations
Gentlemen :
This refers to your letter dated June 25, 2009 requesting for revalidation of the tax exemption previously granted to AMA Computer University, Inc., then known and referred to as AMA Computer College of Quezon City, Inc., by the Legal Division of Revenue Region No. 7 under BIR Ruling No. ENPS-013-2001 dated March 12, 2002 as a non-stock, non-profit educational institution.
In reply, please be informed that paragraph 3, Section 4, Article XIV of the 1987 Constitution provides, viz.:
"(3) All revenues and assets of non-stock, non-profit educational institutions used actually, directly and exclusively for educational purposes shall be exempt from taxes and duties. . . ."
The exemption under Section 4 (3), Article XIV of the 1987 Constitution refers to internal revenue taxes and customs duties, in appropriate cases, imposed by the national government on all revenues and assets of non-stock, non-profit educational institutions used actually, directly and exclusively for educational...
