VAT Ruling No. 053-99
VAT Ruling No. 053-99 • Bureau of Internal Revenue (BIR) Issuances • VAT Rulings • May 13, 1999
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May 13, 1999 VAT RULING NO. 053-99 109 (m) R.A. 8424 053-99 Phil Canada Institute of Technology 2/F Prince David Condominiums 305 Katipunan Avenue Loyola Heights Quezon City Attention: Mr . Israel Bravo Board Member Gentlemen : Referring to your letter dated February 24, 1999, please be informed that, under Section 109(m) of the National Internal Revenue Code, as amended, and as renumbered by R.A. 8424, private educational institutions shall be exempt from value-added tax provided they are accredited as such either by the Department of Education, Culture and Sports (DECS) or by the Commission on Higher Education (CHED), as follows: "SEC. 109. Exempt Transactions . The following shall be exempt from the value-added tax: "(a) . . . "(m) Educational services rendered by private educational institutions, duly accredited by the Department of Education, Culture and Sports (DECS) and the Commission on Higher Education (CHED) and those rendered by government educational institutions: . . ." Unless you qualify under the above provisions of law, your sale of services shall be subject to 10% VAT pursuant to Section 108(A) of the said Code. LibLex Very truly yours, Commissioner of Internal Revenue By: (SGD.) SIXTO S. ESQUIVIAS IV Deputy Commissioner Local & Enforcement Group
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