How do you request a tax exemption letter for Philippines religious organization?

Answer 1

The following requirements to request for tax exemption for non-stock, non profit corporation in the Philippines are:

1. Letter of Application for tax exemption;

2. Certified true Copy of Certificate of Registration issued by the SEC;

3. Certified True copy of Article of Incorporation which must include the following provisions:

a.) That the corporation is a non-stock and non-profit;

b.) That the primary purpose for which it was created is one of those enumerated under sec. 30 of the Tax code of 1997;

c.) That no part of the net income inure to the benefit of any of its members;

d.)That the trustee do not received any compensation;and

e.) That in case of dissolution, assets of the corporation shall be transferred to similar institution ot to the government.

4,)Certified true copy of By-laws of the Corporation by the SEC;

5.) Income Tax returns with finacial Statements for the last three years of operation unless the non-stock, non-profit corporation is newly incorporated

by: Raulito D. Pigar