January 16, 2020
CERTIFICATE OF TAX EXEMPTION NO. S30F-011-20
CERTIFICATE OF TAX EXEMPTION
issued to
BANKERS INSTITUTE OF THE PHILIPPINES, INC.
DOING BUSINESS UNDER THE NAME AND STYLE OF BAIPHIL
Rm. 66, TRB Tower, Roxas Boulevard, Pasay 1300
TIN: 000-000-000-000
SEC Company Reg. No. 23078
This certifies that the above-named corporation is a non-stock, non-profit corporation and has proven by actual operation that its primary purpose falls under Section 30 (F) of the National Internal Revenue Code (NIRC) of 1997, as amended. It is exempt from INCOME TAX only on the following revenues or receipts:
1. Membership dues and donations.
-nothing follows-
subject to the provisions of applicable BIR rules and regulations and the tax exemptions, liabilities and responsibilities stated in the Terms and Conditions hereto attached and made an integral part hereof. It is liable, however, to all other taxes not enumerated above. DcHSEa
This certification shall be valid for three (3) years from the date of issuance unless earlier revoked by this Office for violation of any provisions of applicable rules and regulations of BIR, or the terms and conditions herein set forth.
This Certificate may be...