Skip to main content

Certificate of Tax Exemption No. OT-366-20

Certificate of Tax Exemption No. OT-366-20 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jul 3, 2020

Full text

July 3, 2020 CERTIFICATE OF TAX EXEMPTION NO. OT-366-20 CERTIFICATE OF TAX EXEMPTION issued to Name of Donor TIN Address AAA 000-000-000-000 _____________________ This certifies that the donation under the Deed of Donation dated July 10, 2019, executed by donor in favor of: Name of Donee TIN Address THE ROMAN CATHOLIC BISHOP OF KALOOKAN 000-000-000-000 San Roque Cathedral Compound, A. Mabini St., Caloocan City 1400 covering the following property: Transfer Certificate of Title No. Area (sq.m.) Area Donated (sq.m.) Location 007-2015001406 898 898 Barrio of Potrero, City of Malabon, Province of Metro Manila, Island of Luzon 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. HTcADC Moreover, the Deed of Donation is not subject to the documentary stamp tax prescribed under Section 196 of the Tax Code, as amended, but only to the documentary stamp tax 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. CAIHTE Issued this 3rd day of July, 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.