June 24, 2009
BIR RULING [NSNP-(S30I-001) 390-09]
27 (D) (1); S-30-008-2006
Philippine Merchant Marine Academy
San Narciso
Zambales
Attention: RADM Fidel E. Diñoso PMMA
President
Gentlemen :
This refers to your letter dated May 7, 2009 requesting for exemption from the payment of income tax and other taxes and the filing of the corresponding income tax return under Section 30 (I) of the Tax Code of 1997.
It is represented that the Philippine Merchant Marine Academy (PMMA) is one of the oldest educational institution of the Philippines established on April 5, 1820 by virtue of the Spanish Royal Decree, as the Escuela Nautica de Manila located at Calle Cabildo in Intramuros; that in May 1963, Republic Act (RA) No. 3680 converted it into Philippine Merchant Marine Academy (PMMA); that from Calle Cabildo, it was transferred from one site to another, and on February 2, 1998, PMMA was transferred to its new and permanent site at San Narciso, Zambales; that Executive Order (EO) No. 292 (Administrative Code of 1992) Title XV, Chapter 6, Section 23 provides that PMMA is one of the attached agencies of...
