The paper presents an update of the status of the tax exemption privileges of GOCCs to serve as a guideline to concerned authorities and as a basis for further reforms in the government corporate sector. It notes that GOCCs currently enjoying tax exemption privileges may be categorized into those granted broad provision of exemption from all national taxes (e.g. GSIS, SSS, PHIC, and PNRC); and granted only limited exemptions such as exemption from taxes on importation of machineries, equipment and supplies (e.g. PAGCOR and PSC).
