Skip to main content

Certificate of Tax Exemption No. DT-579-20

Certificate of Tax Exemption No. DT-579-20 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Oct 6, 2020

Full text

October 6, 2020 CERTIFICATE OF TAX EXEMPTION NO. DT-579-20 CERTIFICATE OF TAX EXEMPTION issued to Name of Donor TIN Address AAA __________________ This certifies that the donation under the Deed of Donation dated April 05, 2018, executed by the donor in favor of: Name of Donee TIN Address THE PHILIPPINE SUPERIOR OF THE SOCIETY OF SAINT PIUS X, INC. (CORPORATION SOLE) Society of Saint Pius X, #2 Cannon Road, Mariana New Manila, Quezon City 1112 covering the following property: Transfer Certificate of Title No. Area (sq.m.) Area Donated (sq.m.) Location Brgy. La Filipina, District I Tagum City being a gift in favor of a religious corporation is exempt from the payment of the donor's tax pursuant to Section 101 (A) (2) 1 of the Tax Code of 1997, as amended, subject to the condition that not more than thirty percent (30%) of said gift shall be used by the donee for administration purposes. Moreover, transfers exempt from donor's tax under Section 101 (a) and (b) of the Tax Code of 1997, as amended, shall be exempt from the tax imposed under Section 196 of the same Code. Accordingly, the Deed of Donation is likewise not subject to the documentary stamp tax prescribed under Section 196 of the Tax Code of 1997, as amended, but only to the documentary stamp tax of P30.00 imposed under Section 188 of the Tax Code of 1997, as amended by R.A No. 10963 or TRAIN Law. This Certificate of Tax Exemption is being issued on the basis of the facts and documents as represented and submitted. However, if upon investigation, the BIR ascertains that the facts are different, then this Certificate shall be considered null and void. Issued this 6th day of October, 2020. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Renumbered by Republic Act No. 10963.

Ask what this means for your situation

The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.