June 16, 2010
BIR RULING [DA-(VAT-014) 099-10]
Section 30; RR No. 2; BIR Ruling No. DA-048-06
The Executive Runners Club Phil., Inc. (Runnex)
Room 404 NEC Building, UP Diliman
Quezon City
Attention: Artemio F. Disini
Chairman
Gentlemen :
This refers to your letter dated July 21, 2009 requesting for Value-Added Tax Exemption Certificate be issued to The Executive Runners Club Phil., Inc. (Runnex).
As represented, The Executive Runners Club Phil., Inc. (Runnex) is a non-stock corporation constituted and incorporated under the laws of the Republic of the Philippines; that it is registered with the Securities and Exchange Commission under Registration No. 112861 dated September 30, 1996 with Tax Identification Number 260-009-980; and among the purposes for which the corporation was formed are "To promote long-distance running both as a sport and a way to greater health; to provide and/or assist members in obtaining not only competent technical and medical advice on jogging as a means of attaining physical fitness but also facilities and equipments which may be necessary for the attainment of such physical fitness through jogging".
You now claim that the VAT Exemption Certificate...
