BIR Ruling No. 87-2018

REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE

Quezon City

BTDD

Certificate of Tax Exemption No. 087-2018

CERTIFICATE OF TAX EXEMPTION

issued to

MATHETES YOUTH MINISTRY.INC. Valenzona Bldg., Rizal Avenue, Digos City 8002

TIN:

SEC Company Reg. No.

and has proven by actual operation that its primary purpose falls under Section 30 (E) of the Nationai 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 corporation is a non-stock, non-profit corporation

1. Donations.

nothing follows

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 integral part hereof. It is liable. however, to all other iaxes not enumerated above.

This certification shall be valid for three (3) years from the date of issuance unless

earlier revoked by this Office forviolation of any provisions of applicable rules and regulations

of BIR, or the terms and conditions herein set forth.

This Certificate may be renewed upon filing of a subsequent application for revalidation provided under Revenue Mernorandum 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 of Tax Exemption is.being issued on the basis of the facts and

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.

Issued this day of JAN'312018

CAESAR R.DULAY

Commissioner of Internal Revenue

K-1-JAC

QaC.h CELIAC.KINGC

Racource Munagement Groun Deputy Cormmissioner

3 CTE No.087-2018 E Date issued 1.31-2018

ECEFTEFICATE OF TAXEXEMPTION TETS AND CONDITIONS

titled io the taxexemptions enumerated herein the ues arc r:eipts enumerated on the Certificate of Tax Exemption UTHMINISTRY,INC. is only exempt from the payment

nder No.20-2013. or-.: orgaation must continue to meet the requirements set forth

FTENUETAXES

-n rot nressly exempted and stated in the Certificate of Tax Y.INc.is subject to income tax on all its

13 orover. is sbjact to the corresponding internal revenue taxes imposed n r or f.- income rived from any of its properties, real or personal, or any oue...a roit radless of the disposition thereof which income should be

NA

++w+. iri-+ .me from currency bank deposits and yield or any other monetary o t Pvidedhoweverthat interest income derived by ifrom a a aerr-e frorn souros within the Philippines are subject to the twenty percent ap airut- instruments and from trust funds and sinilar arrangements. an s he exaned foreign currency deposit system shall be subject to T. 7-1/2%) final withholding income tax pursuant to Section

0n057A noth of the NIRC.

OE2

Tare for aT eu the reonuea aerived therefrom. . s.ss urut, inciucing transactions incidental thereto, in general, it shall be INC. is engaged in the sale of goods or services in the

Trwha.g th: :: s a non-stock, non-profit corporation, its purchase of goods or r r si imporation of goods shall nevertheless be subject to the 12% To106nd 107 of theNIRC

OTONTA

iemented y Revenue Regulations No.2.98as amended. Erymc ieihvids or corporations subject to the withholding tax pursuant to Section ISTINC.shall be consuituted as withholding agent for the rm i asas an employer and its employees receive compensation income ng tax under Section79AChapter XIIITitleII of the NIRCas rier Reue Reguiations No.2-98.as amended,or if it makes income W

mistry Inc. geo Date ieste_Ee CTE No.

DUTIES & RESPONSIBILITIES

YOUTHMINISTRYNC.is required to fo

o following the end of the accounting period Fr S

t with the Annual Information Return under use a

nineurred during the preceding period and a certinow tnat there as

n cange in its By-laws Articles of Incorporaon m of opera ans

tives as well as sources and disposition of income. Copy ot thiCorca or Ta

Ei nall be attached to the aforementioned Annue inatior Retr.

n 235 of the NIRCany provision of existin s tot

norwithstanding, the books of accounts and other pne rords ax-.

Daaor: or grantees of tax incentives shall be subjec t eaarninauon Py the Et: fo

osascertaining compliance with the conditions wder waic har

ons or tax incentivesand its tax liabilitiesif

-. also required under Section 6(C) in relation w Scet on 237 o he P.

LS registered receipts or sales or commercial invorces for csen sate or rrarsier e

nerhanfise or for services rendered which are not direety -elaei to the acuvites f

rictsociation is registered.Revenue Memorandumireuio..7

Pinalls.r is subject to the paymemt.of registration fee of PaP 500.00 as p

Seior B) of theNRC.