BIR Ruling No. 508-2017

REPUBLIC OF THE PHILIPPINES DEPART'MENT O) FINANCF BUREAU OF INTERNAL REVENUF Quezon City

Certificate of Tax Exemption No.

CERTIFICATE OF TAX EXEMPTON

issued to

ESPIRITO SANTO ANG LEHITIMONG PANGINOON DIYOS INC BANAL NA IGLESYA KAPATIRAN PAG-IBIG SA DIYOS AT SA KAPWA TAO SAMBAHAN NI +DOMINE MARI'-AM DIYOS 102 MH Del Pilar St., Kalumnano Marikina City 1820 SEC Company Reg. No. TIN:

National Internal Revenue Code of 1997, as amended. It is exempt from INCOMF TAX only and has proven by actual operation that iis primary purpose falls under Section 30 (E) of the on the following revenues or receipts: This certifies that the abovc-named corporation is a non-stock. non-profit corporation

I. Donations and Contributions.

othing follow

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

carlier 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 C'ertificate shall be deemed a revocation thereof upon the expiration ot the three (3)-year period This Certificatc may be renewed upon filing of a subsequent application for revatidation

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

Issucd this. day ofNOV O 7 2017

aw

K-1-JAC Commissioncr of Internal Revenue CAESAR R. DULAY 010963

.Ang Lehitimong Panginoon Divos Inc. Banal na Iglesya Kapatiran Pag-ibig sa Diyos at sa Kapwan Tao Sambahan Ni +Domine Mari'-am Diyos Espirito Santo Page 2 of 3 CTE No. Date issued :-C 17

OF THE CERTIFICATE OF TAX EXEMPTION TERMS AND CONDITIONS

TAX EXEMPTION

1) INCOME TAX. BANAL NA IGLESYA KAPATIRAN.PAG-IBIG SA DIYOS AT SA to be entitled to the tax exemptions enumerated herein. the association/corporation? organization must continue to meet the requirements set forth under Revenue Memorandum Order No. 20-2013. tax on revenues and receipts enumerated on the Certificate of Tax Exemption. Moreover. KAPWA TAO SAMBAHAN NI+DOMINE MARI-AM DIYOS ESPIRITO SANTO ANG LEHITIMONG PANGINOON DIYOS INC. is only exempt from the payment of income

LIABILITY FOR INTERNAL REVENUE TAXES

1) INCOME TAX

expressly exempted and stated in the Certificate of Tax Exemption. Moreover. it is subject to thc corresponding internal revenue taxcs imposed under the NIRC' on its income derived of the disposition thereof, which income should bc returned for taxation. SAMBAHAN NI +DOMINE MARI-AM DIYOS ESPIRITO SANTO ANG LEHITIMONG from any of its properties, real or personal. or any activity conducted for profit regardiess PANGINOON DIYOS INC. is subject to income tax on all its income/receipts/revenues not BANAL NA IGLESYA KAPATIRAN PAG-IBIG SA DIYOS AT SA KAPWA TAO

Likewise. interest income from currency bank deposits and yield or any other monctary (20%) final withholding tax: Provided, however. that interest income derived by it from a depository bank under the expanded foreign currency deposit system shall be subiect to seven and one-half percent (7-1/2%) final withholding income tax pursuant to Section 27(I))( I) in relation io Sec. 57(A) both of the NIR(. benefits from deposit substitute instruments and from trust funds and similar arrangements. and royalties derived from sources within the Philippines are subject to the twenty percent

2) VALUE ADDED TAX/PERCENTAGE TAX

shall he subject to the 12% VAT, in case the gross receipts from such sales exceeds One 3% percentage tax. if gross receipts do not exceed P 1.919.500.00. PANGINOON DIYOS INC. is engaged in the sale of goods or services in the course of a business pursuit. including transactions incidental thereto. its revenues derived therefrom Million Nine Hundred Nineteen Thousand Five Hundred Pesos (P1.919.500.00). or to the If BANAL NA IGLESYA KAPATIRAN PAG-IBIG SA DIYOS AT SA KAPWA TAO SAMBAHAN NI +DOMINE MARI-AM DIYOS ESPIRITO SANTO ANG LEHITIMONG

Notwithstanding that it is a non-stock, non-profit corporation, its purchase of goods or properties or services and importation of goods shall nevertheless be subject to thc 12% VAT pursuant to Sections 106 and 107 of the NIRC. 3) WITHHOLDING TAX

it acts as an employer and its employees receive compensation income subiect to the withholding tax under Section 79 (A), Chapter XIII. T'itle HI of the NIRC. as implemented SAMBAHAN NI +DOMINE MARI'-AM DIYOS ESPIRITO SANTO ANG LEHITIMONG PANGINOON DIYOS INC. shall beconstituted as withholding agent for the government if BANAL NA IGLESYA KAPATIRAN PAG-IBIG SA DIYOS AT SA KAPWA TAO . I.

Banal na Iglesya Kapatiran Pag-ibig sa Diyos at sa Kapwan Tao Sambahan Ni +Domine Mari'-am Diyos Espirito Sante Page 3 of 3 Ang Lehitimong Panginoon Diyos Inc. CTE No. E08-2017 Daic issued_11+7-20 i7

NIRC. as implemented by Revenue Regulations No, 2-98. as amended. individuals or corporations subject to the withholding tax pursuant to Section 57 of the

TAXPAYER'S DUTIES & RESPONSIBILITIES

I) BANALNA IGLESYA KAPATIRAN_PAG-IBIG SA DIYOS AT SA KAPWA TAO following the end of the accounting period a Profit and L.oss Statement and Balance Sheet as sourccs and disposition of income. Copy of this Certificate of Tax Exemption shall be attached to the aforementioned Annual Information Return. with the Annual Information Return under oath. stating its gross income and expenses incurred during the preceding period and a certificate showing that there has not been any change in its By-laws, Articles of Incorporation, manner of operation and activities as well SAMBAHAN NI +DOMINE MARI'-AM DIYOS ESPIRITO SANTO ANG LEHITIMONG PANGINOON DIYOS INC. is required to file on or before the 15th day of the fourth month

2) Under Section 235 of the NIRC. any provision of cxisting general and special law to the contrary notwithstanding, the books of accounts and other pertinent records of tax-exempt organization or grantees of tax incentives shall be subject to examination by the BIR for purposes of ascertaining compliance with the conditions under which it has been granted tax exemptions or tax incentives, and its tax liabilities. if any 3) Further, it is also required under Section 6(C) in relation to Section 237 of the NIRC to merchandise or for services rendered which are not directly related to the activities for 2003) issue duly registered receipts or sales or commercial invoices for each sale or transfer of which the Association is registered. (Revenue Memorandum Circular No. [RMC] No. 76-

4} Finally. it is subject to_the payment of registration fee of PhP 500.00 as prescribed in

Section 236{B} of the NIRC