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September 28, 2009BIR RULING [NSNP-(S30H-104) 622-09]Sec. 4 (3), Art. XIV, 1987 Constitution; BIR Ruling No. 065-99Paragon Academy, Inc.No. 1 St. Jude St., L. Francisco Subdivision,Viente Reales, Valenzuela CityAttention: Mr. Angel O. QuevedoSchool AdministratorGentlemen :This refers to your letter dated April 14, 2009, requesting tax exemption under paragraph 3, Section 4, Article XIV of the 1987 Constitution. Documents submitted disclose that Paragon Academy, Inc. with Taxpayer Identification No. 206-901-510-000, is a non-stock, non-profit educational institution registered with the Securities and Exchange Commission (SEC) under SEC Reg. No. A200006551 dated April 24, 2000; that according to its amended Articles of Incorporation, the purpose for which it was incorporated are to establish and operate an educational institution or learning center which shall provide courses of study in Pre-Elementary and Elementary subject to the laws of the Philippines and to receive tuitions and miscellaneous fees, accept donations, endowments, grants, legacies and instruments/devices conformably with existing applicable statutes; that Paragon Academy, Inc. was issued by the Department of Education (DepEd) Government Recognition (NCR) No. P-044, S. 2004 dated August 2,...