Month: November 2021

BIR RULINGS Donations made for the use of the National Government or any entity created by any of its agencies which is not conducted for profit or to any political subdivision of the said Government shall be exempt from the donor’s tax. Furthermore, the Deed of Donation is not subject

 BIR RULINGS Sale, importation, printing or publication of books and any newspaper, magazine, review, or bulletin which appears at regular intervals with fixed prices for subscription and sale and which is not devoted principally to the publication of paid advertisements shall be exempt from value-added tax. Furthermore, other than non-exempt