BIR Ruling No. 648-2019

: EPUELICOF THE PH. .T:.

BUH EAU OF INTERN HNTLE PEPARIMENTOL ITA-

Quezon s. t.

I. tificate of Tax Exen tion t.

0848-201

CERTIFICTE OF TAA EEEMPTION

issued :

LITTLE ANGELS ECL. ME NICALLEA FHE INSTITUTIONJ SEC+ em any Reg. N.. Eornp, Guagua. Pa n: u T':

INCOME TAX only on the foll. -ing re venues or rec. i. : Seeior: O() of the Nationa. It. : nal F.venue C e c:' ( ...is amended. It is ex: : f (m and he.s proven by actual operal.+: tr..+t its primat, E: r+..:.s : ne of those enumer : :ec .:: ..er Ihis cartifies that the: a: "e-rred corpoutit: 1 ts : I .-stock, non-profit c up... ion

1 Income derived frorm tte c peration of care te: is :+ : ter ns, dormitories and : o.t h Hes Tuition fees and Oth.. tchool fees; and ECUMENICAL LE.+:NLNG: INSTITirI J*. . to be actually, di ct : +d exclusively used for e:l itati bnal purposes located within its:renises. owned a i.: r: ted byLITTLE :S

-rothing Iaa t

liabilities and responsibilities st:..:d :n the Terms ard :. . .ic ns hereto attached an : r :l: an Iintegre.. part hereof. It is liable, wever, "o all oth.r " E.* :r rnumerated above. subjeet to the provisions of ap: ...bie BIR rules ar : :.l ..ons and the tax e*r+. +'s.

for violaion of any provisioris c -lieale rules d 1: ss of the BIR, or the +. d basis fcr its income tax exermpii.. condiions herein set forth, It s!. t iitewise be reok :. i1 i are material chan :. I:: .e tharae:er, purpose or method o: +eraion of the : :r :: :. ++ + :ich are inconsistert v . -e This cextification shat. t.. .ali.. from the de .f Iss . ne until revoked by t nis. Fee

docuneris as represented and st. ..nitid. However. .: u. O : mwestigation, the BIF. that the facts are different, then :..: Ce:ti icate sha.. l: : : ri ::..etd null and void Tis Certificate of Tax -errpmon is being iu:l cr: the basis of the uc :d ..ceTEs

Is sued this. day .... 7 219

o

(: r :r. :sier of Internal Rever T. :EAR R. DULAY

K-: -MDT 0298 :11:

LITTLE ANEELS ECUMENICAL LEM :NING HNSTITUTIC T. : Paze 2 of 3 CTE No. Date issued_ OCl.I [I (64

ERMS ANDCOEHT+++ OF TEE : ERTHFICATE CH: T : ! XEMPTION

ForNo:.hor-Profr...IInstitution ncer. Section 30(H.of...tial Interr......I pde of 1997, as Al #nd.

TAX EXEMPTION

1) INCOME TAX. LIITLE..GELSECUME.ARNING INSTITUTN. S

exempt from the paynen: c: ircone tax only :u - Certificate of Tax Exernpti :.. it is: Lr derstood chat - - -..?I..., ind receipts enume. '..te i. t I the: ac :I nust continue to meet ::e :t: II : wving: rejuisites as set forth ut.cer F. -enue fernoranduir:. + h : : i.v: :D) No 44-2016, to w

i.It :s a non-stock, r:or. :rofit esiioational insti t:I -.. 1- Hi. Its revenues are actu.., dietly and excil..I. .. bor educational purpot :..

LITTLEANGELSECUV. ICALIEARNT.: IHIONINC.'S intereSt : CO: TOm eurrercy bank deposits ar.d :. +ld fou deposit :. b: it : e :stiments used actually. .ir .+ and exc:usively, in pursuance of it: urpx:s: as an educati:: :t i: ::t.tion, are exempt fron.- t:: inal tax and 15%1 tax on interest : 1.0:ng ur.der the expe: It : : : :1g1. currency deposit sys :r ::l1 sed Urder Section 27 (D) (t) of :l : Naior.al Interna.l Re: - H:: ( of 1997, as amende :. Sut:jt to eorrpliance with the conditi. i : tna. as a tax-exsat : : K t oll institution it shall :. an a1nual bas is subrrit to the Revenua F.. ri.t Dffiee concerneti +r r e I information return and : ul ... ited tinancial statement together .- tn the: foliowing:

(a) Certification from t .eit derository bar ks . : : ir : turount of interest ineor : : earned from passit : nr-est.ent not st y e: : - :: : (% final withholding t t:

tnd 15% tax or: int+.* ust income under : e : 1:- :1:x 1oreign currency deps i system imposed by..tic n 27 (D) (1)(it : - : ial Internal Revenue C% t cf 1997, as artenct.:

(b) Certification of a: : :+ ttilization of the : a:. ...: :nd

(c) Board Resclutior. ty the school aurr ii .1::: on proposed prejex::

(le., constructicn : 'or irr proveme :.:. 1.: b.ildings and facilite : t.equisition of er.ent, books and th... *.- i: .. f.nded put of the mone :

the fourth month : fiouiar the end : deposited in banss : plare: in money nis' : : -t - before the 15th day . Department Orc er I13"-8 2. :. : + :tle vear (Sec. 4, Finan : .-

2) VALUEADDED TAX (.T O EDUCA+ as sets used in the operatior. c: .afeteris/canteen:, d : T 1C9 )(E) of the National Ir:1: nal Fvenue Co:le . :9: 7,a3 amended, LITTLI 4tr ELs stock, non-profit educational it stiriticr is exempi F-: r ECLMENICAL LEARNINT ENSTITUTION, i.T..+ g::*ceiptS from operatiS 1. : .. 1On- +T.I Aoreover, revenues d : i'v at. I oin E.RVICES. Pursuant +: 1io :: : nd bopkstores locat:..i:li + the

PrEnseS Of LITTLEANG: LS ECTJMENICL. I.:.tNG INSTITUTIONI..Ere exempt from taxation provi.der.ey ars cwned an:l at ir:. a.l :s : as ancillary activiti:

LIABILITYFOR INTERNALL. METLE TAXES

1) INNCOME TAX.

LITTLE ANGELS ECUMEICEARNI.THIONINC. is subjeCtO ine tax. cnt all its income/receipts/r : antes iot express y* 1: : + p:t ard stated in the Certifi : :le : f I ax Exerr pticn.

LITTLE -NGELS ECUMEN:CAL LEAL IN.3 +NS TITUTION I : Page i 1'3 Date issued UCT" CTE No. 061

Miorever. r: is subject to the c. .ptnsing intern.: r: -: :t i.t: imposed under Natial int. : nal Revenue Ccde of"1997,as at :rded, cn its inccn: i ... : f.:m any of its proper:..s. rat cr personal, or any activity cor at.: ed fer profit, which : s.. :: :it :uid be returned for tax t.o1. t ers said revenues are actually, dire . 3 nntt exclusively ts: i : r : it et.rional purposes.

2) VALUE ADDED TAX/PLH: EMLAE TAX

If LTTLE_ANGELS_ECH: HSICE LEAR H Sale ot gocds or services in + ::- eon: se of a busir:: : thereto, its revenues derive I tt -efre n chall be sut;j: frar1 such sales exceed Thres: ' lic. I sos (P3,C :)..: ":t. including transactior : ir : :t ital] *+UTION.INC. is en 2e ++ i.+ -he : : - VAT, in case the g, : ss r:: eipt:s :" t0 the 3% percentige :s. i:- : 0s receipts do not exceed f3,co1 J.04.

Netithstanding that it is a. n + .s:5+k, ion-profi: cor +.+ .1. . it: purchase of goods + : pi: " tties Seerions 106 and 107 of the T*+..c:te. t.itermal Rever ct servites and importation ri aois shall neverth:: : -: : i+ 997, as amended. :1: .ect to the 15% VAT j:u :.E it to

3) WTHHOLDING TAX.

L[ITLE ANGELS ECUMI.:ALLEARN! $HE.T:TION, INC. shall be e : St " : a5 withholding agent for the g: .erneat if it ac: .*1iioyer and its employ :s :. ttve co T.pensation incone subect . :h: 'vit holding t. .r :h .:i.n79 (A), Chapter XI Iit : Il cf the National Internal Rever ue:+cl: of 1997, as ane:. : a.I. eamented by Reverue :. ce u . iDns

Nt. "-98. as amendei, or if :t. - tk.s. ir : ome payr. n.: - i. :i1.iduals or corporations s .je :t t tihe withnolding tax pursuant ts Se: er *? Fthe Nati.l ++ : :. -venue Code of 199, : .a1: :+ 0ed. Zre tes implemented by Rever:. - Fegulaions No. : -: +..+ :. .. ed.

TAXPAYERTUTIES S RESP: HSELITIES

1) LITLEANGELSECUME. HCALLEARNI M: IHTION INC. iS reqUr TO : : ON

or befere: the 15th day of tre: t: -t: inatth follow : g Loss Starerient and Balancs : . : et suit: the Annual I.: : .: : :f : he accounting per:cl : P+1arnd t:+ it 1+ F.eturn under oath, st.at i:%, :+..10ss inecine enc expenses incurrec. Iir.ng te precedir - [" rI r certificate showing tl : t t iar : has. Ler: ceer ary change in its H.. :. ++rtcles of Incerp. :. :.t . iriner of operation and r:.i+: : a vel. as sources and dispositi.: + o1 ieome. Cop .: tl:i : ..:ttiticate of Tax Exernpt :r: : ra : be ar:ched to the aforemertione:! -t.rtt. al nformation :: t .

2) [:cer Section 235 of the Nat . .tal Hrntermal Rever : 0+ :s..t . .997, as amended, ay : en:: i 1 of

exist:ng gereral and special t: t: e contrary n: :: :1.. at nt :ig, the books of accour:. 1 1: +her Feit.nent records cf tax-erer.i.. crpanization or : 11 -; :.: tx incentives shall : sut a t exnuninatio by the BIR for p + ese: af ascertain.": -:. : p .:: with the conditions 1.ke r -t ich I: has been granted tax exerap:. .is. o ri incentive:, : 1+t: : I abilities, if any.

3) Furtt:er, it is also required ur.: - ati:r: 6(C) in :el: : . -.. Ee:tion 237 of the Natir rl l :t :ual

Revenue Code of 1997; as : .*ndad, to issue duly: n.: ::+:+e : receipts or sales or ::1:1s :ial in+oices for each sale or tran: -r of nierchandise :- o. i.--.t : rendered which are tot : ir ::try related to the activities for wl .r. th: .a.sociation : + :.+ *.+al. (Revenue Memorand. n :: r alar Nc. [RMC] No. 76-2003)

4)Firally, it is subject to the pay.- : cf :gistration :.: :T 3 :- .00 as prescribed in S::11:. :.6

(+ sf the National Internal R.: :ne C:ce of 199", : u.: : - : ::

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