BIR Ruling No. 189-83

November 8, 1983 BIR RULING NO. 189-83 M a d a m : This refers to your letter dated September 28, 1983 requesting exemption from the payment of donor's tax of your donation of a parcel of land situated in the Barrio of Tabing-Ilog, Marilao, Bulacan, covered by Transfer Certificate of Title No. 5205 in favor of the Roman Catholic Bishop of Malolos. It appears that the donee is a religious corporation sole duly organized and existing under the laws of the Philippines. In reply, I have the honor to inform you that since the donee is a religious corporation, the aforesaid donation is exempt from the payment of donor's gift tax, pursuant to Section 123(a)(3) of the Tax Code, as amended. However, the exemption from the donor's gift tax is subject to the condition that not more than 30% of the said gifts shall be used by the donee for administration purposes. aisadc Very truly yours, (SGD.) RUBEN B. ANCHETA Acting Commissioner Bureau of Internal Revenue