BIR Ruling No. 289-2018

REPUBLICOF THE PHILIPPINES

BUREAUOFINTERNALREVENUE DEPARTMENT OF FINANCE Quezon City

Certificate of Tax Exemption No. 289-2018

CERTIFICATE OF TAX EXEMPTION

issued to

GOOD SAMARITAN VOLUNTEER SERVICE INC. 64D Burgos St.. La Paz, Iloilo City 5000 SEC Company Reg. No. TIN

proven by actual operation that its primary purpose is one of those enumerated under Section 30 (E) of the National 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 entity is a non-stock, non-profit corporation and has

I Donations.

lothing 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 of BIR, or the terms and conditions herein set forth. This certification shall be valid for three (3) years from the date of issuance unless

period. 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 This Certificate may be renewed upon filing of a subsequent application for revalidation

that the facts are different, then this Certificate shall be considered null and void. documents as represented and submitted. However, if upon investigation, the BIR ascertains This Certificate of Tax Exemption is being issued on the basis of the facts and

Issued this. day of MAR.0 1.2018

C

K-1-MCUS Commissioner of Internal Revenue CAESAR R.DULAY 013631

Good Samaritan Volunteer Service inc CTE239-2018 Page 2 of 3 Date Iss.td:_D-T2018

OF THE CERTIFICATE OF TAX EXEMPTION TERMS AND CONDITIONS

TAX EXEMPTIONS

1)INCOME TAX.

any member, organizer, officer or any specific person. provided, that no part of its net income or asset shall belong to, or inure to the benefit of GOOD SAMARITAN VOLUNTEER SERVICE INC. is exempt from the payment of income tax only on revenues and receipts enumerated on the Certificate of Tax Exemption

LIABILITY FOR INTERNAL REVENUE TAXES

I) INCOME TAX

from any of its properties, real or personal, or any activity conducted for profit regardless 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 of the disposition thereof, which income should be returned for taxation. GOOD SAMARITAN VOLUNTEER SERVICE INC. is subject to income tax on all under the National Internal Revenue Code of 1997. as arnended, on its income derived

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

2 VALUE-ADDED TAX/PERCENTAGE TAX

to the 3% percentage tax, if gross receipts do not exceed P1.919,500.00. or services in the course of a business pursuit, including transactions incidental thereto, in If GOOD SAMARITAN VOLUNTEER SERVICE INC. is engaged in the sale of goods general, it shall be liable for 12% VAT, in case the gross receipts from such sales exceed One Million Nine Hundred Nineteen Thousand Five Hundred Pesos (P1,919,500.00), or

properties or services and importation of goods shall nevertheless be subject to the 12% of 1997, as amended. Notwithstanding that it is a non-stock, non-profit corporation, its purchase of goods or value-added tax pursuant to Sections 106 and 107 of the INa:icnal Internal Revenue Code

Good Samaritan Voiurteer Serpica Ine Page 3 of 3 CTE No. 239-2018 Date Issued:3im20 18

3) WITHHOLDING TAX

Revenue Regulations No. 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 Internal Revenue Code of 1 997, as amended, as implemented by Revenue Regulations No. 2-98. as amended. withholding agent for the government if it acts as an employer and its employees receive compensation income subject to the withholding tax under Section 79 (A), Chapter XIII Title II of the National Internal Revenue Code of 1997, as amended, as implemented by GOOD SAMARITAN VOLUNTEER_SERVICE INC. shall be constituted as

TAXPAYER'S DUTIES & RESPONSIBILITIES

1 GOOD SAMARITAN VOLUNTEER SERVICE INC. is required to file on or before

this Certificate of Tax Exemption shall be attached to the aforementioned Annual Information Return. its gross income and expenses incurred during the preceding period and a certificate showing that there has not been any change in its By-laws. Articles of Incorporation. manner of operation and activities as well as sources and disposition of income. Copy of the 15th day of the fourth month following the end of the accounting period a Profit and Loss Statement and Balance Sheet with the Annual Information Return under oath, stating

2) Under Section 235 of the National Internal Revenue Code of 1997, as amended, any incentives, and its tax liabilities, if any. 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 provision of existing general and special law to the contrary notwithstanding, the books of accounts and other pertinent records of tax-exempt organization or grantees of tax

3) Further, it is also required under Section 6(C) in relation to Section 237 of the National Internal Revenue Code of 1997, as amended, to issue duly registered receipts or sales or commercial invoices for each sale or transfer of merchandise or for services rendered (Revenue Memorandum Circular No. [RMC] No. 76-2003). which are not directly related to the activities for which the corporation is registered.

4 Finally, it is subject to the payment of registration fee of PhP500.00 as prescribed ir

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