BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Jul 14, 1975
Full text
July 14, 1975 Mr. Inocencio Rosete 63 Serrano Laktaw Street Espaa Extension Quezon City S i r : In reply to your letter dated May 31, 1975, I have the honor to inform you that only donations to social welfare, cultural and charitable organizations shall be deductible in full from the donor's gross income, for income tax purposes, pursuant to Presidential Decree No. 507. Consequently, donations to religious organizations are not deductible in full, since they are neither social welfare, cultural nor charitable organizations. aisa dc Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue TAN 1601-593-5
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