BIR Ruling No. 013-64

March 9, 1964 BIR RULING NO. 013-64 Federation of Filipino-Chinese Chamber of Commerce, Inc. 3rd Floor, Choy Bldg., 303 Dasmarias St. Manila Attention : Mr . Tang-Tack Secretary-General Gentlemen : Reference is made to your letter dated February 25, 1964, requesting opinion on whether or not cash contributions paid or made to a Committee organized by several civic organizations for the purpose of distributing relief goods and assistance to the fire victims, regardless of race or nationality, are deductible under our Tax Code. In reply thereto, I have the honor to inform you that, inasmuch as the Committee was organized exclusively for charitable purposes, contributions to the said Committee actual paid or made within the taxable year are deductible from gross income to the extent of 6%, in the case of an individual, and 3%, in the case of a corporation, of the contributor's taxable net income pursuant to Section 30(h) of the National Internal Revenue Code. However, such contributions will only be allowed as deduction when the contributor attaches to his return the receipt duly signed by the responsible officer of the said Committee to which the contribution has been paid or made. (Section 116 of Revenue Regulations No. 2). LLjur Very truly yours, (SGD.) BENJAMIN N. TABIOS Acting Commissioner of Internal Revenue