Exemption Granted to Philippine Bar Association

July 1, 1959 BIR RULING NO. 320-59 The Philippine Bar Association P. O. Box 2084, Manila Gentlemen : With reference to your letter dated June 24, 1959, I have the honor to inform you that the Philippine Bar Association, a non-stock corporation of members of the Philippine Bar organized for civic, cultural and social purposes, no part of the income of which inures to the benefit of any private individual, is exempt from the income tax in respect to income received by it as such, pursuant to section 27 of the Tax Code. The Association shall not also be liable to pay business tax should it put up a restaurant or other facilities of a social club for the exclusive use of its members. cdtech Very truly yours, (SGD.) JOSE ARAAS Commissioner of Internal Revenue