Tax Exemption of Permanent Records of College, High School and Elementary Students Who Transfer from One School to Another

December 4, 1972 BIR RULING NO. 030-72 Permanent records of college, high school and elementary students (Form 137-A) who transfer from one school to another, not subject to payment of documentary and science stamp taxes . In reply to the President of the XY College dated February 1, 1972, he is hereby informed that our ruling issued to the Registrar of the AB Agricultural College dated August 5, 1971, that the permanent records of high school, college and elementary students (Form 137-A) who transfer from one school to another are not subject to the payment of documentary and science stamp taxes since they are not considered certificates within the purview of Section 225 of the Tax Code is still valid and controlling. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue