BIR Ruling No. 478-2017

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon City

Certificate of Tax Exemption No. 478-2017

CERTIFCATE OF TAX EXEMPTION

issued to

ALLIANCE OF NATIONAL URBAN POOR

ORGANIZATION ASSEMBLY. INC Pound Street, Phase VIII. North Fairview, Quezon City SEC Company Reg. No. TIN:

National Internal Revenue Code of 1997, as amended. It is exempt from INCOME TAX oniy and has proven by actual operation that its primary purpose falls under Section 30 (E) of the This certifies that the above-named corporation is a non-stock, non-profit corporation

on the following revenues or receipts:

1. Grants and Donations.

nothing follow

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 taxes not enumerated above.

earlier revoked by this Office for violation of any provisions of applicable rules and regulations This certification shall be valid for three (3) years from the date of issuance unless

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 Memorandum 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 documerts 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 dav of 0cT 1s 20?

a CAESAR R. DULAY Commissioner of Internal Revenue

009986

Alliance of National Urban Poor Organization Assembly,Inc Page 2 of 3 CTE No.478-2017 Date issued 10-13-2017

OF THE CERTIFICATE OF TAX EXEMPTION TERMS AND CONDITIONS

TAX EXEMPTION

1INCOME TAX. ALLIANCE OF NATIONAL URBAN POOR ORGANIZATION

ASSEMBLY.INC.is only exempt from the payment of income tax on revenues and receipts enumerated on the Certificate of Tax Exemption. Moreover,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

LIABILITY FOR INTERNAL REVENUE TAXES

1 INCOME TAX

is subject to income tax on all its income/receipts/revenues not expressly exempted and stated in the Certificate of Tax Exemption. Moreover, it is subject to the corresponding internal revenue taxes imposed under the NIRC on its income derived from any of its properties,real or personal,or any activity conducted for profit regardless of the disposition thereof, which income should be returned for taxation. ALLIANCE OF NATIONALURBAN POOR ORGANIZATION ASSEMBLY.INC

Likewise, interest income from currency bank deposits and yield or any other monetary benefits from deposit substitute instruments and from trust funds and similar arrangements, depository bank under the expanded foreign currency deposit system shall be subject to 20%final withholding taxProvided,however,that interest income derived by it from a seven and one-half percent (7-1/2%) final withholding income tax pursuant to Section 27D1 in relation to Sec.57A both of the NIRC. and royalties derived from sources within the Philippines are subject to the twenty percent

2) VALUE ADDED TAX/PERCENTAGE TAX

Nineteen Thousand Five Hundred Pesos P1,919,500.00,or to the 3% percentage tax,if the 12% VAT,in case the gross receipts from such sales exceed One Million Nine Hundred If ALLIANCE OF NATIONAL URBAN POOR ORGANIZATION ASSEMBLY 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 shall be subject to

gross receipts do not exceed P1.919.500.00.

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 the 12% VAT pursuant to Sections 106 and 107 of the NIRC.

3) WITHHOLDING TAX

shall be constituted as withlolding agent for the government if it acts as an employer and its employees receive compensation income subject to the withholding tax under Section 98,as amended,or if it makes income payments to individuals or corporations subject to the withholding tax pursuant to Section 57 of the NIRC, as implemented by Revenue Regulations No. 2-98, as amended. ALLIANCE OF NATIONALURBAN POOR ORGANIZATION ASSEMBLYINC 79A,Chapter XIII,Title II of the NIRC,as implemented by Revenue Regulations No.2

Page 3 of 3 Alliance of Nationa} Urban Poor (Organi ization Assemhly, inc Date issued10-13-2017 CTE NO. 478-2017

TAXPAYER'S DUTIES & RESPONSIBILITIES

1 accounting period a Profit and Loss Statement and Balance Sheet with the Annual disposition of income. Copy of this Certificate of Tax Exemption shall be attached to the ALLIANCE OF NATIONAL URBAN POOR ORGANIZATION ASSEMBLY. INC! is required to file on or before the 15th day of the fourth month following the end of the 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 iaws, Articles of Incorporation, manner of operation and activities as well as sources and aforementioned Annual Information Return.

2) Under Section 235 of the NIRC, any provision of existing general and special iaw 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 issue duly registered'receipts or sales or commercial invoices for each sale or transfer of merchandise or for services rendered which are not directly related to the activities for 2003 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 National Internal Revenue Code of 1997, as amended.