Back

BLGF Opinion No. 004-2017

Re: Exemption from Paying Local Business Tax of General Professional Partnerships (GPPs)

BLGF Opinion No. 004-2017 | 2017-03-17

March 7, 2017
 
BLGF OPINION NO. 004-2017
CO-LFPS-PPPSD
 
Atty. Gregorio M. Batiller, Jr.
Senior Partner
Gonzales, Batiller, Leabres & Reyes
7F ALPAP 1 Bldg., 140 L.P. Leviste St.,
Salcedo Village, Makati City
 
SUBJECT : Re: Exemption from Paying Local Business Tax of General Professional Partnerships (GPPs)
 
Dear Atty. Batiller :
 
This refers to your letter dated 13 January 2017, addressed to the Secretary of Finance, which was forwarded to this Bureau for appropriate action, requesting for confirmation on the issue of whether or not GPPs, such as law partnerships, are exempt from paying the local business taxes and need...