September 22, 2009
BIR RULING [NSNP-(S30H-099) 599-09]
par. 3, Sec. 4 Art. XIV, 1987 Constitution
The Naujan Academy, Inc.
Jardiniano St., Poblacion II
Naujan, Oriental Mindoro
Attention: Mr. Arnel Mantaring
Gentlemen :
This refers to your letter dated September 14, 2009 requesting for tax exemption as a non-stock, non-profit educational institution pursuant to Section 4 (3), Article XIV of the 1997 * Philippine Constitution.
Documentary evidence submitted disclosed that The Naujan Academy, Inc. with Tax Identification Number 001-002-452 is a non-stock, non-profit educational institution duly registered with the Securities and Exchange Commission (SEC) under SEC Reg. No. 4233 dated January 27, 1949 and that it is duly recognized by the Department of Education in accordance with Government Recognition No. 48 Series of 1949.
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 is self-executing. It refers to...
