BIR Ruling No. 79-2018

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE I Certificate of Tax Exemption No. nqq-z:rt8 CER.TEFTCATE GF TAX EXEMPTIOF{ issued to DA TIN SEC Company Reg. No. T'his certifies tiiat lhe above-named coqroration is a non-stock, non-profit corporation and has proven by actlrai operation tliat its pdman'purpose is one of those enumerated under Section 3QGl of the Nationai Internal R-e',ren,-re Code of 1997, as amended. It is exempt from INCOME TAX oniy on the following revenLres or receipts: 1. Tuition ancl other related schccl i'e*s; and 2. Cafeterias/canteens and trookstores sales located within its premises, owned and operated'll:1l?f]ill_"?ff;*,1_'ffiilffi I9-"::?T_!lIIl:^. sub.ject to tkre pro.,,isions of applica-ble BIR ruies and regulations and the tax exemptions, iiabiiitles and risponsibiiities s-tated in the Tenns and Conditions hereto attached and made an integral part hereof. It is liabie. however, to all other taxes not enumerated above. This certificatioii shall be vaiid from tlie dare nf issuance until revoked by this Ofiice for vioiation of any prorrisions of applicatrle rules and reguiations of the BIR, or the terms and conditions herein sdt forth. it shall likewise be revoked if tirere are material changes in tire character, purpose or method of'operation of the corporation which are inconsistent with the basis for its income ta>; exemption. This Certificate of Tax Exemprion is being issued on the basis of the facts and docunents as represented and submitted. Ho'wever, if upon investigation, the. BIR ascertains that thb facts are different" then this Certificate shall be considered null and void. Issued this day of .tAru p s 2,018 CAESAR. R. DULAY Commissioner of internal Revenue K-i/.jrc e&;c'il CELIA C" KIffG U Deputy Cornmissioner Resource Management Groun

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DatrGttrIERS OF ST. DONIINtC (QUEZON CITY). INC. CTENo. $?g-?8 Page 3 of3 Date issued tuPq-?n18 Exemption. Moreover. it is subject to the correSponding internal revenue taxes imposed under NIRC, as amended. on its income derived from any of its properties, real or petsonal, or an) activity conducted for profit, which income shor,rid be returned for taxation, utlless said revenues are actually. directly and exclusivell' used for educational purposes. tl VALUE ADDED TAX lf D,AUGIITERS OF ST. DOMINIC (OIIEZON CITY). NC is engaged in tire sale of goocls or r"*ic* in tl-,e c.ruir" of u buriness pursuit" including transactiolts incidental thereto. in general, it shali be iiable for VAT on tl're reventies derived therefrom. Notwjthstanding that it is a non-s16slr,, non-profit corporatiori, its purcirase of goods or properties or services and imporlation of goods shall nevertheless be subject to the 1206\,rAT pursuant to Sections 106 and 107 of the NIRC. J. WITHHOLDING TAX DAUGHTERS OF ST" DOMINIC {OLTEZON CITY).INC. shallbe constitured as wirhholding ageltforthe government if itacis as an employerand its employees receive compensation income subject to tlie withholding tax under Section 19 (,\), Chapter )lill, Title II of the NIRC- as implemented by Revenue Regulations No. 2-98, as amended, or if it makes income payments to individuals or corporations subjecr to the withholding tax pursuaut to Sebtion 57 of the NIRC. and as implementeci by R.evenue Regulations No. 2-98. as amended' ry&RESPONSIBtrLITIES 1) DALTGHT:E_R.S OF ST'. DOMI|{IC (QUEZO|{ CIIY}. lNQj is required to file on or before the t Stt aay of tiie fourth month following the end of the accounting period a Profit and Loss Statement and Balance Sheet wtth the -A.nnual Inforination Return under oath, stating its gross income and expenses incurred during the preceding periocl and a certificate showing that there has not been any change in its By-laws, Arlicles of lncorporalion, ntauuer of operation and activities as well as sorjrces and disposition of inccrne. Copi,of this Certificate of Tai Exemption shall be attached to th e aforement i oned Ann ual lnformation Return. r) Under Sectiol 235 of theNational Internal Reveuue Cocle of 7997,as anieuded, any provision of existrng general and special iaw to the conlrary notwithstanding, the books of accounts and other peninent records of tax-excmpt organization or grantees of tax incentives shall be subject to exarnination by tlre BIR for purposes of ascertaining compliance witli the conditions under which it has been granted tax exemptions or tax incbntives, and its tax liabilities. if an1'. 3) Fufiher, it is also required under Section 6(C) in relation to Section 237 of the National Intemal Revefrue Code of 1997, as amended, to issue duly registered receipts or sales or commercial invoices for each sale or transfer of merchandise or for services rendered which are not directly related to the activities for which the Association is registered. (Revenue Metnorandurn Circular No. |RMCI No. 76-2003). 4) Finalll " it is subject to the payment of re$istration fee of PhP 500.00 as prescribed in Section 236(8) of the National Internal Revetrue Code of 1991, as amended.