BIR Ruling No. 413-2017

BUREAU OF INTERNAL REVENUE REPUBUKOFTHF PHIPPINIS DF PARIM+NTOFFINANGE Quezon City

Certificate of Tax Exemption No. 417-X7

CERTIFICATE OF TAX EXEMPTION

issued to

4/F Pro-Friends Center. 55 Tinio St., Addition Hills. Mandaluyong City EVANGELION FOUNDATION, INC. SEC Company Keg. No. TIN

revenues or receipts: primary purpose is one of those enumerated under Section 30 (E) of the Nationai internal Revenue Code of 1997. as amcnded. it is exempt from INCOME`TAX on!y on thc following This certifies that the above-named corporation has proven by actual operation that its

I. Donations.

nothing follow:

liabilities and responsibilities stated in the Terms and Conditions hereto attached and made an integral part hereof. It is liable. however. to all other taxes not enumerated abovec. subject to the provisions of applicable BiR rules and regulations and the tax exemptions.

eariier rcvoked by this Oftice for violation of any provisions of applicable rules and regulations of BIR. or thc terms and conditions herein set forth. This certitication shall be valid for threc (3) ycars from the date of issuance unless

provided under Revenue Memorandum 'Order (RMO) No. 20-2013. Failure to renew this Certificate shali be deemed a revocation thereof upon the expiration of the three (3)-year period. This Certificate may be renewed upon filing of a subsequent application for revalidation

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 Fxemption is being issued on the hasis of the facts and

Issucd this day of 2 E

Commissioncr of Internal Revenue CAESAR R.DULAY

EK-I-L.MAT Resource Management Group Deputy Commissioner Officer-in-Chaige CELiAC.KINGO C

EVANGELION FOUNDATION, INC Date issued CTE NO. 413-2027

OF THE CERYIFICATE OF TAX EXEMPTION TERMS AND CONDITIONS

TAX EXEMPTIONS

1) INCOME TAX.

on revenues and receipts enumerated on the Certificate of Tax Exemption provided. that no part of its net income or asset shall belong to. or inure to the benetit of any member. organizer, officer or any specific person. EVANGELION FOUNDATION, INC. is exempt from the payment of income tax on!y

LIABILITY FOR INTERNAL REVENUE TAXES

1) INCOME TAX

under thc National Internal Revenue Code of 1997, as amended, on its incomc derived from any ot its properties. real or personal, or any activity conducted for profit regardicss of the disposition thereof, which income should be returned for taxation. EVANGELION FOUNDATION, INC. is subject to income tax on all its income/receipts/revenucs not expressiy excmpted and stated in the Certificate of Tax Excmption. Moreover. it is subject to the corresponding internal revenue laxes imposed

seven and one-half percent (7-1/2%) final withholding income tax pursuant to Section Likewise, interest income from curtency bank deposits and yield or any other monetary benefis from deposit substitute instruments and from trust funds and simitar arrangements. and royalties derived from sources within the Philippines are subject to the twenty percent (20%) fina! withholding tax: Provided, however, that interest income derived by it from a 27(D)(1) in relation to Sec. 57(A) both of the National (nternal Revenuc (ode of 1997. as depository bank under the expanded foreign currency deposit system shall be subiect to amended.

2) VALUE ADDED TAX

If EVANGELION FOUNDATION, INC. is engaged in the sate of goods or scrvices in the course of a business pursuit. including transactions incidental thereto. in general, it shall be liable for value added tax on the revenues derived therefrom.

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 subiect to the 12% of 1997. as amended. value added tax pursuant to Sections 106 and 107 of the National Internal Revenue Code

3) WITHHOLDING TAX

government if it acts as an employer and its employees receive compensation income subject to the withholding tax under Section 79 (A), Chapter XIIl, Title I1 of the National 2-98, as amended, or if it makes income payments to individuals or corporations subject to the withholding tax pursuant to Section 57 of the National Internat Revenue Code of 1997. as amended. as impiemented by Revenue Regulations No. 2-98. as amended. EVANGELION FOUNDATION, INC. shall be constituted as withholding agent for the Internai Revenue Code of 1997, as amended, as implemented by Revenue Regulations No.

TAXPAYER'S DUTIES & RESPONSIBILITIES

1) EVANGELION FOUNDATION,INC. is required to file on or beforc thc 15th day of the Baiance Sheet with the Annual Information Return under oath. stating its gross ineome and expenses incurred during the preceding period and a certificate showing that there has not fourth month following the cnd of the accounting period a Profit and L.oss Statement and

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EVANGELION FOUNDATION. INC CTE NO. Date issue 413-2017 G

activities as well as sources and disposition of income. Copy of this Certificatc of Tax becn any change in its By-laws. Articles of Incorporation. manner of operation and Exemption shall be attached to the aforementioned Annual Information Return.

2) Under Section 235 of the National Internal Revenue Code of 1997. as amended, any provision of existing general and special law to the contrary notwithstanding. the hooks of compliance with the conditions under which it has been granted tax exemptions or tax incentives shall be subject to examination by thc' BIR"for purposes of ascertaining incentives, and its tax liabilities, if any. accounts and other pertinent records of tax-exempt organization or grantecs of tax

3) Further. it is also required under Section 6(C) in relation to Section 237 of the National conmercial 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 rcgistcred. (Revenue Internal Revenue Code of 1997. as amended, to issue duly registered receipts or sales or Memorandum Circular No. [RMC] No. 76-2003).

4 ) Finally. it is subject to the payment of registration, fee of PhP 500.00 as prescribed in

Section 236(B) of the National Internal Revenue Code of 1997. as amended.

K-1-LMAT

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