Recreational club fees not subject to taxes – SC
Credit to Author: acerojano| Date: Thu, 15 Aug 2019 14:37:52 +0000
MANILA, Philippines – The Supreme Court has ruled that membership fees, assessment dues and other fees collected by clubs organized for “pleasure, recreation and other non-profit purposes” are not subject to income and value-added taxes. In a decision by the high court’s 2nd division, it set aside the ruling of the Makati City Regional Trial […]
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