Practice question
What qualification does Section 234(a) place on the real-property exemption for Republic-owned property?
- It is lost whenever the property has a roof.
- It exists only for property smaller than one hectare.
- The exemption excepts property whose beneficial use is granted to a taxable person.
- It automatically covers every private tenant regardless of use.
- It depends only on whether rent is paid in cash.
Legal references
- RA 7160, Section 234; https://lawphil.net/statutes/repacts/ra1991/ra_7160_1991.html
- Lung Center of the Philippines v. Quezon City, G.R. 144104, June 29, 2004, main decision; https://lawphil.net/judjuris/juri2004/jun2004/gr_144104_2004.html
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