BIR Ruling No. 90-2018

REPUBLICOF THE PHILIPPINES

DEPARTMENT OF FINANCE

BUREAU OFINTERNAL REVENUE

t Quezon City

2004

Certificate of Tax Exemption No.

090-2018

CERTIFICATE OF TAXEXEMPTION

issued to

PAG-ASA SOCIAL CENTER FOUNDATION INC Calamba Rd., Sitio Cengia, Brgy. Iruhin Central, Tagaytay City SEC Reg. No. TIN

proven by actual operation that its primary purpose is one of those enumerated under Section 30 (E) of the National Internal Revenue Code of 1997, as amended. It is exempt from INCOME TAX 'only on the following revenues or receipts: This certifies that the above-named entity is a non-stock, non-profit corporation and has

1 Foreign and local donations

nothing follows

integral part hereof. It is liable, however, to all other taxes not enumerated above. subject to the provisions of applicable BIR rules and regulations and the tax exemptions, liabilities and responsibilities stated in the Terms and Conditions hereto attached and made an

earlier revoked by this Office for violation of any provisions of applicable rules and regulations of BIR, or the terms and conditions herein'set forth. This certification shall be valid for three (3) years from the date of issuance unless

provided under Revenue Memorandum Order (RMO) No. 20-2013. Failure to renew this Certificate shall be deemed a revocation thereof upon the expiration of the three (3)-year period. This Certificate may be renewed upon filing of a subsequent application for revalidation

documents as represented and submitted. However, if upon investigation, the BIR ascertains that the facts are different, then this Certificate shall be considered null and void. This Certificate of Tax Exemption is being issued on-the basis of the facts and

Issued this day of_JAN 3 1.2018

Commissioner of Internal Revenue CAESAR R.DULAY

Resource Management Groun Deputy Commissioner CELIAC.KINGO Cu &.w

EHCHRTENFOCNEATIONNG E0

Past

TRRMSANDCIONS

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enorgar oerorary spocnc peer

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ii exemped ane staed in tne Cernente of Ta ENCTSUOn 2 bjcet to the corraspondirs intorna -ovenae taxes icnosed 0 aE venusCodcofo7.asannded.or.isieomedevsrom 2ODOP or aryastiviry corducisd forprorircgardeeso tns uspnAbere snocl be reterned for taxation

kowae.erencc currency bankesositsandvield or ar otheporea afros 03 sticete instrtnena and fron trurt fandc an oimiler arangomsae areeaoservodo soureeswiein thePhilipines are subjest to hetwenry percon

sevenend ona-haif paroon (7-1/2% find withhoiding incomo tax parsusut tr Seoio 7Dmreiaon tScc.A) both of the National iniernalRevueCodecf1es7. Hopt sntory banr. uder the expandec foreign cunrency deposi syatom shal be subjecr a- nro onoWanocne Provicsd.noweveshat ineresineone deriveo byi.fom

YALEADDEDTA

F-SAC_CyERDTIONHO.isengagedmhe ssisofoo cerviees n e coursc of a basiness parauincluding transaetions inctdentlihe-e.ir seneralisnaj De liabie for vaiue-added tax on the tevenues dorived therefrom

of197.aamoed ropreaor services and importation of goods shall ncvertheless ne subiet io te r vale-adisd ax pursuant w Scotions 10 and 107 or the National inerna PevenusCe owitrsancine tha h i a nor-stoe ncr-proi corporationits purchase or gs c

CALCETERINDATIONINC Date issued CTE No. 1312018 090-2018

NTA

ENTER_FOUNDATIONINC.shallbeconstitutedas

wifo tiovernment if it acts as an employer and its employees receive

ict to the withholding tax under Section79AChapter XIII

iisrnal Revenue Code of 1997, as amended, as implemented by

I Rr:. " 1 997, as amended, as implemented by Revenue Regulations No. R-.: ".1: ... 2-98, as amended, or if it makes income payments to individuals D :ic: svec: :0 the withholding tax pursuant to Section 57 of the National

C

ESPONSIBILITIES

.ERFOUNDATIONINC. is required to file on or before the

"oh following the end of the accounting period a Profit and Loss

EaaCS eet with the Annual Information Return under oath. stating its

incurred during the preceding period and a certificate showing

2 ery change in its By-laws,Articles of Incorporationmanner of as well as sources and disposition of income. Copy of this

T. on shall be attached to the aforementioned Annual Information

RO

U i th National Internal Revenue Code of 1997, as amended, any pris f xiu encral and special law to the contrary notwithstanding, the books of

aso a cr :tinent records of tax-exempt organization or grantees of tax iniva chall e suieet to examination by the BIR for purposes of ascertaining

camliane with thc cotitions under which it has been granted tax exemptions or tax tcentvo. ane is tax lnoilities,if any.

Furthr. is ac reuire under Section 6C in relation to Section 237 of the National intorr! Revenue Coos of 1997, as amended, to issue duly registered receipts or sales or

.mnerea voiefoeach sale or transfer ofmerchandise or for services rendered which

a nreetria the activities for which the corporation is registered.(Revenue enrmm Ciruao.[RMC]No.76-2003

Fnajtayment of registration fee of PhP500.00 as prescribed in Section 3arnal Revenue Code of 1997,as amended.