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June 16, 2010BIR RULING [DA-(VAT-014) 099-10]Section 30; RR No. 2; BIR Ruling No. DA-048-06The Executive Runners Club Phil., Inc. (Runnex)Room 404 NEC Building, UP DilimanQuezon CityAttention: Artemio F. DisiniChairmanGentlemen :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...