BIR Ruling

April 20, 1976 Centre for the Development of Human Resources in Rural Asia, Inc. P.O. Box 458 Greenhills San Juan, Rizal 3113 Attention: Mr . Antonio L . Ledesma, Ph . D . President & Exec . Director Gentlemen : In connection with your request for exemption from the payment of income tax, and the filing of the corresponding income tax return under Section 27(e) of the Tax Code, I have the honor to request that, as required by Revenue Regulations No. 2 this Office should also be furnished with the following: cdta 1. Affidavit showing the character of the Association, the purpose for which it was organized, its actual activities, the sources of its income, and its disposition, whether or not any of its income is credited to surplus or inures or may inure to the benefit of any private stockholders or individual and in general, all facts relating to its exemption. 2. Latest Financial Statements showing the assets, liabilities, receipts and disbursements of the Association. Unless the aforementioned requirements are complied with, no definite ruling can be issued by this Office on your aforesaid request. cdt Very truly yours, EFREN I. PLANA Acting Commissioner of Internal Revenue TAN-1456-040-3 "TAXPAYERS SHOULD INDICATE THEIR TAN IN ALL COMMUNICATIONS TO THE BIR."