bir_ruling BIR Ruling No. 378-2021BIR Ruling No. 378-2021

BIR Ruling No. 378-2021

REPUBLIC OFIHE PHHLIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE

Quezon City

Certificate of Tax Exemption No.

I+ - .:-02

CERTIFICATE OF TAX EXEMPTON

TO ALL WHOM IT MAY CONCERN:

dated October 19, 2020, executed by: This certifies that the donation under the Deed of Donation and Acceptance

Mill Hill Philippines, Inc. Name of Donor TN 52 Avancena St., Molo, lloilo City Mill Hilt Central House. Address

in favor of:

St. Anthony's College, Inc Name of Donee TN San Angel, San Jose Address Antique

covering the following property, with improvements, to wit:

Transfer Certificate of Title No. (sq.m.) Area Area Donated (sq.m.) Location

50.000 50.000 Brgy. Maybato, San Jose, Antique

being a gift in favor of an educational institution is exempt from the payment of the percent (30%) of said gift shall be used by the donee for administration purposes. donor's tax pursuant to Section 101 (A)(2)' of the National Internal Revenue Code of 1997 (Tax Code), as amended, subject to the condition that not more than thirty

documentary stamp tax imposed under Section 188 of the Tax Code, as amended. stamp tax prescribed under Section 196 of the Tax Code, as amended, but only to the Moreover, the Deed of Donation is likewisc not subject to the documentary

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

ta

K-}-JAC Commissioner ofiInternal Reyenue CAESAR R. DULAY U-+0:

Renumbered hy Repubtic Act No. 10963.

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