BIR Ruling [DA-269-00]

June 27, 2000 BIR RULING [DA-269-00] Sec. 101 (A) (3) S-30-037-2000 Salesian Society of St. John Bosco P.O. Box 2420, MCPO, Makati City Attention: Fr. Lazaro Revilla, SDB Provincial Economer Gentlemen : This refers to your letter dated April 13, 2000 requesting for a confirmation of BIR Ruling dated April 10, 1973 to the effect that donations/gifts made in favor of the Salesian Society of St. John Bosco are exempt from donor's tax. In reply thereto, please be informed that pursuant to Section 101 (A)(3) of the Tax Code of 1997, gifts/donation made in favor of an educational and/or charitable, religious, cultural or social welfare corporation, institution, accredited nongovernment organization, trust or philanthropic organization or research institution or organization are exempt from donor's tax. In view of the foregoing and since the Salesian Society of St. John Bosco is a corporation engaged in religious, educational, charitable and philanthropic activities, this Office hereby confirms that the donation made in its favor are exempt from the payment of the donor's tax, subject to the condition that not more than 30% of the said gifts shall be used by such donee for administrative purposes. (BIR Ruling No. S-30-037-2000 dated April 4, 2000) This ruling issued on the basis of the foregoing facts as represented. However, if upon investigation, it will be disclosed that the facts are different, then this ruling shall be considered null and void. prcd Very truly yours, (SGD.) LILIAN B. HEFTI OIC, Deputy Commissioner Legal & Inspection Group