Exemption of PAG-IBIG Fund from Payment of Taxes and Other Charges Under P.D. Nos. 1530 and 1752

June 20, 1988 VAT RULING NO. 250-88 107 (e)-000-00-250-88 SALOMAR Corporation Suite 602, Don Santiago Bldg. 1344 Taft Avenue, Ermita Manila Attention: Mr . Emmanuel J . Lopez President/General Manager S i r s : This refers to your letter dated February 23, 1988 stating that you are engaged in the dissemination of government information in the form of executive orders, regulations, circulars, congressional bills and resolutions; that you reproduce these data by stencilling, mimeographing and compiling them; that your clients avail of your services on a subscription basis and that your publication appears at regular intervals. Furthermore, you represented that when you registered for VAT purposes, there was an overlook on the exemption of your transactions; and that you have been receiving negative reactions from your clients in the form of non-subscription of your products. Based on the foregoing facts, you now request for a cancellation of your registration certificate because under Section 103(f) of the Tax Code, as amended, the aforesaid activities are exempt from the value-added tax. In reply, please be informed that your registration can be cancelled on the basis of a mistaken registration by which you do not stand to profit or obtain any benefit by virtue of such registration. For record purposes, please present this letter to the Revenue District Office having jurisdiction over your principal office. cdll Note from the Publisher: missing pages in the official copy obtained from the Bureau of Internal Revenue.