Taxation of Private Educational Institutions

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PRESIDENTIAL DECREE NO. 305: Taxation of Private Educational Institutions

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Title Source: Supreme Court: Taxation of Private Educational Institutions

Law: Presidential Decree No. 305

Decision Date: Oct 2, 1973

Presidential Decree No. 305 amends the National Internal Revenue Code to impose a fixed rate of tax on all income of educational institutions in the Philippines, aiming to address taxation disparities and encourage reinvestment for facility improvement and educational expansion.

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