BIR Ruling

May 10, 1968 Mr. Eduardo Bella Philippine Lawn Tennis Association P.O. Box 4143 Manila S i r : This refers to your letter dated April 2, 1968 requesting for tax exemption of the Philippine Lawn Tennis Association particularly on its importations of 4 Ctns. Tennis Jackets Wilson with the total value of $190.00 bought from Mark Ross & Co., San Francisco, California, U.S.A., under Republic Act No. 3135, which provides as follows: "SEC. 22 Exemption of income and properties from taxes . Any laws to the contrary notwithstanding, all income, properties, and importation of sports equipment and materials by the Philippine Amateur Athletic Federation and the members shall be exempt from amusement, real property, specific taxes and all other taxes and duties: Provided, However, That the sports equipment and materials imported herein shall be for the exclusive use of the federation, the associations and their athlete members and are not to be disposed of for commercial purposes or for profit."' In reply, I have the honor to inform you that since said jackets fall within the meaning of "sports equipment and materials" contemplated in the aforecited law, your request for exemption from the payment of the compensating tax on the importation thereof is hereby granted. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue