Case Digest: Serrano vs Gallant Maritime Services (2009)

Whether or not the subject clause violates Section 10, Article III of the Constitution on non-impairment of contracts? Continue reading Case Digest: Serrano vs Gallant Maritime Services (2009)

Exemption from Taxation of Government Agencies and Instrumentalities

Instrumentality refers to any agency of the national Government, not integrated within the department framework, vested with special functions or jurisdiction by law, endowed with some if not all corporate powers, administering special funds, and enjoying operational autonomy, usually through a charter. Continue reading Exemption from Taxation of Government Agencies and Instrumentalities