MANILA, Philippines – The Quezon City government cannot sell the University of the Philippines’ (UP) lot occupied by Ayala Land TechnoHub to compensate for the P117.18-million unpaid taxes, the Supreme Court said. In an 18-page decision written by Senior Associate Justice Antonio T. Carpio which was made public Monday, the high court’s first division said UP is exempt from the payment of real property taxes. On July 22, 2014, UP was given a final notice of delinquency from the Office of the City Treasurer demanding payment for the unpaid real property taxes. But the Office of the Solicitor General (OSG) earlier said UP is exempt from taxes based on Republic Act No. The Technohub is a PEZA-approved Information Technology Park, with locations and amenities ideal for science and tech companies.

Source: Philippine Daily Inquirer July 22, 2019 10:52 UTC