37". Sale, impoitalion, printing or publication of books and an}.r newspaper= magazine= re'u-'ie'lair= or bulletin which appears at regular intervals with xed prices for subscription and sale: and which is not devoted principally to the publication of paid advertisement is: a. Subject to VAT and OPT b. Subject to VAT, except from l[Cl'PT c. Except 'oni VAT and DPT d. Except 'DIIl VAT= Subject to DPT 33. W'bich property is subject to real property tax? a. Real property of a religious and charitable institution b. :Macbineries actually= directly and exclusively used by local water districts c. Real property owned by cooperatives d. hIacbineries for pollution control 39. Statement 1: Local tax relief or exemption is granted in cases of natural calamities, civil disturbances, general failure oferops, or adverse economic conditions which substantially decrease prices. Statement 2: Local tax incentives are granted onlyr to new investment in the lo-calitj,r a. True, False b. True, true c. False, true d. False, false