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Download - Catholic Educational Association of the Philippines

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SITUATION:<br />

Sale <strong>of</strong> real property owned by<br />

<strong>the</strong> educational institution<br />

This is subject to transfer tax and<br />

documentary stamp tax, inasmuch as<br />

this is an activity which is not related to<br />

education but is assumed to be done<br />

for pr<strong>of</strong>it.<br />

CEAP SMX NATIONAL<br />

ASSEMBLY 083012<br />

197

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