Donation to Roman Catholic Church Exempt from Donor's Gift Tax

July 6, 1993 BIR RULING NO. 290-93 DONATION TO ROMAN CATHOLIC CHURCH EXEMPT FROM DONOR'S GIFT TAX 94 (a) (3) 301-92 290-93 The Roman Catholic Archbishop of Manila 121 Arzobispo Street, Intramuros Manila Attention: Msgr . Domingo A . Cirilos, Jr . Treasurer This refers to your letter dated March 30, 1993 requesting exemption under Section 94(a) (3) of the Tax Code, as amended, of the donation of one (1) parcel of land consisting of two hundred fifty (250) square meters, more or less, located in Quezon City covered by Transfer Certificate of Title No. 265481 of the Register of Deeds of Quezon City, made by spouses Virgilio and Lourdes Bilaw in favor of the Roman Catholic Archbishop of Manila, by virtue of a Deed of Donation executed on March 24, 1993. Documentary evidence submitted to this Office disclosed that the Roman Catholic Archbishop of Manila is a non-stock, non-profit religious corporation sole, duly organized and existing under the laws of the Philippines. In reply, please be informed that in as much as the donee is a non-stock, non-profit religious corporation, the aforementioned donation is exempt from the payment of the 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 the said gift shall be used by the donee for administration purposes. cdtech LIWAYWAY VINZONS-CHATO Commissioner of Internal Revenue