VAT Ruling No. 013-89

January 25, 1989 VAT RULING NO. 013-89 Asian Fisheries Society 3rd Floor, Blooming Bldg. Salcedo Street, Legaspi Village Makati, Metro Manila Attention: Dr . Chua Thia-Eng President Gentlemen : This refers to your letter dated June 10, 1988 requesting confirmation that you are exempt from the requirement of registering as a VAT taxpayer. It is represented that the objective of your society involves the promotion of effective interaction and cooperation among scientists and technicians engaged in fisheries research and development in Asia with a view to encouraging and facilitating research activity complementation, sharing of information and publication of research results; to create and propagate an awareness of the importance and ways of sound utilization, cultivation, conservation and development of aquatic resources in the region; that you pursue these objectives by publishing the Asian fisheries journal for the dissemination of research and other relevant information; holding, on a regular rotational basis, an Asian Fisheries Forum as a gathering of scientists and technicians who, in their professional capacities can freely discuss broad issues and specific topics related to fisheries, and publishing the proceedings; and provide further opportunities as appropriate for fisheries scientists and technicians to foregather by the holding of meetings, symposia, workshops, conferences or other gatherings. It is orally represented that your society is funded by the International Development Research Centre, a Canada based organization, and from the contributions and/or dues from the members of the society; that you do not accept any consideration for your services in the form of technical advice to the fishermen; and that the receipts you want to be printed are to be used only to acknowledge payment of dues and other payments not resulting from the engaging of the taxable activity. In reply, please be informed that based on the foregoing facts, you are not engaged in a VAT-taxable activity; therefore, you are not subject to the VAT-registration requirement under Section 107 of the Tax Code, as amended by Executive Order No. 273. (Such being the case, you are not also required to apply for a VAT Number with the BIR.) cdta Very truly yours, EUFRACIO D. SANTOS Deputy Commissioner