BIR Ruling No. 215-82

July 16, 1982 BIR RULING NO. 215-82 123 (a) (2) 102-79 215-82 Araneta Institute of Agriculture Victoneta Park, Malabon Metro Manila Gentlemen : This refers to your request for exemption from the payment of donor's tax of the donation of several parcels of land situated in the Barrio of Tinajeros, Municipality of Malabon, Metro Manila covered by Transfer Certificate of Titles Nos. R-40515, 386684, 386683, 386685, 386686, 386689, 1001, 1002, 1003, 386687, 386688 made by Araneta Institute of Agriculture in favor of the Municipality of Malabon by virtue of a Deed of Donation executed on March 12, 1982. It appears that the donee is a municipal corporation duly organized and existing under the laws of the Philippines. In reply, I have the honor to inform you that as the donee is a political subdivision of the National Government, the aforementioned donation is exempt from the payment of donor's tax, pursuant to Section 123(a)(2) of the National Internal Revenue Code, as amended. aisadc Very truly yours, RUBEN B. ANCHETA Acting Commissioner