March 12, 2010
BIR RULING [NSNP-(S30E-001) 007-10]
Sec. 30; S-30-102-2008 dtd. 06/11/2008
Claretian Hope Center Foundation, Inc.
Ground Floor Aurora Milestone Tower
1045 Aurora Blvd., Quezon City
Attention: Ma. Susana C. Basmayor
Corporate Secretary
Gentlemen :
This refers to your letter dated August 12, 2009 requesting for exemption from the payment of income tax, filing of the corresponding income tax return under Section 30 of the Tax Code of 1997, as amended.
Documents submitted to this Office disclosed thatClaretian Hope Center Foundation, Inc. is a non-stock, non-profit corporation under Section 30 of the Tax Code of 1997, as amended; that it is duly registered with the Securities and Exchange Commission (SEC) under SEC Registration No. CN200719076 dated December 13, 2007 with Taxpayer Identification Number (TIN) 006-933-017; that Claretian Hope Center Foundation, Inc. is intended to be friendly, inspirational gathering place for young Catholic and aspirational Catholic men and women, 16 to 35 years of age and that it will also provide them with unique opportunities to explore the various means available for receiving and communicating the Word of God.
In reply, please be informed that...