BIR Ruling [DA-315-03]

September 26, 2003 BIR RULING [DA-315-03] 101 (A) (2) 28-98 Chamber of Commerce and Industry of Valenzuela, Inc. 190 Maisan Road, Valenzuela City Attention: Mr. Rosendo Chuakaw President Gentlemen : This refers to the letter dated November 28, 2002 of Revenue District Officer Mr. Orsino M. Morano, Revenue District Office No. 24, Revenue Region No. 5 relative to the exemption from the payment of donor's tax of Chamber of Commerce and Industry of Valenzuela, Inc. pursuant to Section 101(A)(2) of the Tax Code of 1997. Documents submitted disclosed that in consideration of the unwavering support and acknowledgment of the donor, Chamber of Commerce and Industry of Valenzuela, Inc. for the endeavors of the donee, Commissioner of Internal Revenue, Guillermo Parayno, Jr., to constantly improve the quality and effectiveness of tax administration of this nation, the donor voluntarily and freely gives, transfers and conveys by way of donation unto said donee, its successors in interests, all of the rights, title and interest which said donor has over one (1) unit Digital Copier, E. Studio 12, Serial No. CAH 110130, free from all liens, encumbrances and charges whatsoever, for the exclusive use of Revenue District Office No. 24. In reply, please be informed that inasmuch as the gift is for the use of the National Government, the aforementioned donation is exempt from the payment of donor's tax pursuant to Section 101(A)(2) of the Tax Code of 1997. aHADTC Moreover, the aforesaid Deed of Donation is not subject to documentary stamp tax prescribed under Section 196 of the Tax Code of 1997, but only to the documentary stamp tax of P15.00 imposed under Section 188 of the same Code. (BIR Ruling No. DA-18-98 dated January 29, 1998) This ruling is being 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. Very truly yours, Commissioner of Internal Revenue By: (SGD.) MILAGROS V. REGALADO Assistant Commissioner Legal Service