Certification of Non-Stock and Non-Profit Corporations or Associations

April 20, 1960 BIR RULING NO. 171-60 Bondoc Peninsula Coconut Producers Asso., Inc. Suite 214 Regina Bldg. Escolta, Manila Gentlemen : In your letter dated April 19, 1960, you requested this Office for a certification stating that Non-Stock and Non-Profit Corporations or Associations are not required and therefore exempted from filing Income Tax Returns, under Section 27 of the National Internal Revenue Code. In answer thereto, I regret to inform you that in order to establish your right to exemption, and thus be relieved of the duty of filing returns of income and paying the tax, it is necessary that you file with this Office an affidavit showing the character of your organization, the purpose for which it was organized, its actual activities, the sources and disposition of its income whether or not any part thereof is credited to surplus or inures or may inure to the benefit of any if its members or of any individual and in general, all facts relating to its operations which affects its right to exemption. Aside from this affidavit and the articles of incorporation which you must file with this Bureau, the by-laws of your organization, and the latest financial statement showing the assets, liabilities, receipts, and disbursements of the organization must likewise be submitted to this Office. A claim for exemption under Section 27 must be predicated upon evidence showing that the organization specifically falls within one of the exempt classes. cdta Very truly yours, MELECIO R. DOMINGO Commissioner of Internal Revenue