Bureau of Local Government Finance Opinion

March 20, 2001 BUREAU OF LOCAL GOVERNMENT FINANCE OPINION The City Treasurer Davao City M a d a m : This refers to your letter dated February 26, 2001, requesting copies of the latest circulars/rulings relative to the taxability of Philippine Ports Authority (PPA) and the Philippine Fisheries and Development Authority (PFDA). In this connection, please find attached copies of the following: 1. BLGF Memorandum Circular No. 02-95 dated February 1, 1995 , embodying our instructions to Treasurers of the local government units concerned to hold in abeyance all real property tax collection activities against PPA until such time that the Supreme Court has finally decided on a similar case, Philippine Ports Authority vs. City of Iloilo (G.R. No. 109791), except the real property taxes due on PPA properties which are rented or leased to taxable persons as the same are not affected by the resolution of the case; and 2. Letter dated April 20, 1998 of this Bureau , relative to the petition filed by the PFDA before the Office of the President concerning the real property tax liabilities on their real properties located in Iloilo City. AHDaET We trust that this suffice your abovementioned request. Very truly yours, (SGD.) BENJAMIN A. GERONIMO Executive Director