SC says NFA exempt from real property tax

MANILA, Philippines — The Supreme Court has ruled that the National Food Authority is a government instrumentality whose properties are exempt from real property tax.

The NFA challenged the notices before a regional trial court, asserting that it is exempt from payment of real property tax as a government instrumentality. Citing Section 133 of the Local Government Code, the SC said local governments cannot tax the national government. “Without evidence that their beneficial use belongs to a taxable person, they are exempt from real property tax,” it added.–Empower yourself! Essential tips for a mother pursuing health and wellnessIndulge in the ultimate chocolate experience with Seattle’s Best Coffee and GhirardelliSen. Alan Peter Cayetano and Sen. Nancy Binay on Wednesday butted heads over the computation of the total cost of the new...

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ditch single-use plastics, Supreme Court urges court personnelThe Supreme Court has urged judiciary officials and personnel to avoid using single-use plastics to reduce waste. 
Source: PhilstarNews - 🏆 1. / 94 Read more »

Suspended NFA employees ask Court of Appeals to junk Ombudsman’s orderThe employees say the Ombudsman has yet to explain their continued suspension, adding that the body has yet to act on their motion for reconsideration and motion to resolve
Source: rapplerdotcom - 🏆 4. / 86 Read more »

The Supreme Court allows emergency abortions in Idaho for now in a limited rulingWASHINGTON (AP) — The Supreme Court cleared the way Thursday for Idaho hospitals to provide emergency abortions, for now, in a procedural ruling that left key questions unanswered and could mean the issue ends up before the conservative-majority court again soon.
Source: manilabulletin - 🏆 25. / 51 Read more »

Judge dismissed for ignoring Supreme Court’s suspension orderThe Supreme Court (SC) has dismissed from service a judge in Ilocos Sur for ignoring a suspension order issued against him in connection with cases involving annulment of marriage.
Source: PhilstarNews - 🏆 1. / 94 Read more »

Farmers to seek Supreme Court relief vs reduced rice tariffFarmers’ groups will ask the Supreme Court to stop the implementation of Executive Order 62 that allows a 15 percent tariff on imported rice, down from the current 35 percent, until 2028.
Source: PhilstarNews - 🏆 1. / 94 Read more »

The Supreme Court upholds a tax on foreign income over a challenge backed by business interestsWASHINGTON (AP) — The Supreme Court on Thursday upheld a tax on foreign income over a challenge backed by business and anti-regulatory interests, declining their invitation to weigh in on a broader, never-enacted tax on wealth.
Source: manilabulletin - 🏆 25. / 51 Read more »