Section 23Sec./Art. 23

Tax Exemption on Donations. - The provisions of any general or special law to the contrary notwithstanding:

(a)The NHCP shall be exempt from all taxes on its income;

(b)All donations in any form to the NHCP shall be exempt from the donor's tax and the same shall be considered as allowable deduction from the gross income in the computation of the income tax of the donor, in accordance with the provisions of Republic Act No. 8424, otherwise known as the National Internal Revenue Code of 1997, as amended; and

(c)Importation of scientific, philosophical, historical and cultural books, supplies and materials for the use in the conservation or preservation work of the NHCP and duly certified by the Board, shall be exempt from customs duties.