RA 7847 Section 8

Tax Provision.

Section 8

SEC. 8. Tax Provision. - The grantee, its successors or assigns, shall be liable to pay the same taxes on their real estate, buildings and personal property, inclusive of this franchise, as other nonstock and nonprofit corporation/foundation are now or hereafter may be required by law to pay: Provided, however, That the grantee may apply for any tax exemptions when qualified under existing legal provisions.

Read the full instrument →

Other provisions in RA 7847

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationRA 7847 Section 8 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

Continue your research

RA 7847, full textThe complete text of this law, so you can read this section in contextPhilippines legislation Philippine Laws by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and year Philippines: what this database coversWhich datasets are here, which official source they come from, and how current they arePhilippines overview