Land Donation to Religious Organization - Tax-Exempt

March 10, 1993 BIR RULING NO. 090-93 LAND DONATION TO RELIGIOUS ORGANIZATION TAX-EXEMPT 94 (a) (3) 301-92 090-93 San Roque Parish San Roque St., Barranca Mandaluyong, Metro Manila Attention: Rev . Fr . Daniel B . Sta . Maria This refers to your letter dated February 22, 1993 requesting exemption under Section 94(a)(3) of the Tax Code, as amended, of the donation of a parcel of land located at Bataan St., Barrio Ilaya, Mandaluyong, Metro Manila covered by Transfer Certificate of Title No. 5714 issued by the Register of Deeds of Mandaluyong, made by LYGIA VALTE INFANTADO, the registered owner, in favor of the ROMAN CATHOLIC CHURCH, particularly the Archdiocese of Manila, a religious corporation duly recognized under the laws of the Philippines, by virtue of a Deed of Donation executed on October 16, 1992. In reply, please be informed that inasmuch as the donee is a religious institution, the aforementioned donation is exempt from the payment of donor's tax pursuant to Section 94(a)(3) of the Tax Code, as amended, subject to the condition that not more than 30% of said gifts shall be used by the donee for administration purposes. JOSE U. ONG Commissioner of Internal Revenue