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Tax Exemption for Non-Profit Schools by Joseph Dimalanta is a document available to read on EtoBox.

1) The Bureau of Internal Revenue assessed De La Salle University deficiency taxes for income tax on rental earnings from restaurants and bookstores on campus, value-added tax on business income, and documentary stamp tax on loans and lease contracts for tax years 2001-2003. 2) De La Salle University argued that as a non-stock, non-profit educational institution, its assets and revenues used for educational purposes are exempt from taxes under the Philippine Constitution. 3) The Supreme Court ruled that

Author

Joseph Dimalanta

Language

EN