November 27, 2009
BIR RULING [NSNP-(S30H-125) 738-09]
par. 3, Sec. 4 Art. XIV, 1987 Constitution
Mira Gabrillo & Partners
No. 59 Panay Avenue, Quezon City
Attention: Maria Cinderella M. Marte-Lim
Gentlemen :
This refers to your letter dated November 23, 2009 requesting on behalf of your client, Ama Computer College-Batangas City 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 Ama Computer College-Batangas City with Tax Identification Number 005-788-837 is a non-stock, non-profit educational institution duly registered with the Securities and Exchange Commission (SEC) under SEC Reg. No. A199813115 dated August 27, 1998 and that it is duly recognized by the Department of Education in accordance with Government Recognition Nos. 015, 070, 071, 073 and 074 Series of 2003.
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...
