BIR Ruling

October 11, 1972 Open Air Campaigners. Inc. P. O. Box 2772 Manila Attention: Rev . Barry W . Tetley Acting Executive Director Gentlemen : This refers to your letter dated June 2, 1972 requesting permission to issue official receipts that will entitle donors to deduct from their gross income the donations made by them to that organization. cd In reply, I have the honor to inform you that your request is hereby granted, it appearing that you are an exempt organization under Section 27(e) of the Tax Code. The contributions actually paid to that organization are deductible from the gross income of the contributor in an amount not in excess of 6% in the case of an individual, and 3% in the case of a corporation, of the contributor's taxable net income as computed in accordance with Section 30(h) of the Tax Code. acd Very truly yours, MISAEL P. VERA Commissioner of Internal Revenue