Case Digest: Lung Center of the Philippines v Quezon City скачать в хорошем качестве

Case Digest: Lung Center of the Philippines v Quezon City

📌 Case Digest: Lung Center of the Philippines v. Quezon City G.R. No. 144104, June 29, 2004 DOCTRINE: Under P.D. No. 1823, the petitioner is a non-profit and non-stock corporation which, subject to the provisions of the decree, is to be administered by the Office of the President of the Philippines with the Ministry of Health and the Ministry of Human Settlements. It was organized for the welfare and benefit of the Filipino people principally to help combat the high incidence of lung and pulmonary diseases in the Philippines. As a general principle, a charitable institution does not lose its character as such and its exemption from taxes simply because it derives income from paying patients, whether out-patient, or confined in the hospital, or receives subsidies from the government, so long as the money received is devoted or used altogether to the charitable object which it is intended to achieve; and no money inures to the private benefit of the persons managing or operating the institution. 🎙️ Remember, for charitable institutions, it's not the presence of income that matters—it's the use of income that determines tax exemption. 👍 Like, share, and subscribe to Codals and Cases for more audio digests and simplified doctrines. #AudioCodalDigest #LungCenterCase #TaxExemption #CharitableInstitutions #LawStudentPH