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Provincial Assessor vs. Filipinas Palm

PROVINCIAL ASSESSOR OF AGUSAN DEL SUR, PETITIONER, VS. FILIPINAS PALM OIL PLANTATION, INC., RESPONDENT.

G.R. No. 183416 | 2016-10-05

Republic of the Philippines
Supreme Court
Manila
 
 
SECOND DIVISION
 
D E C I S I O N
 
LEONEN, J.:
 
The exemption from real property taxes given to cooperatives applies regardless of whether or not the land owned is leased. This exemption benefits the cooperative's lessee. The characterization of machinery as real property is governed by the Local Government Code and not the Civil Code.

This Petition[1] for review assails the Decision[2] dated September 26, 2007 and the Resolution[3] dated May 26, 2008 of the Court of Appeals in CA-G.R. SP No. 74060. The Court of Appeals affirmed the Decision of the Central Board of...