June 22, 2010
VAT RULING NO. 004-10
RA 16-2005; RA 8756
World Vision International
Asia-Pacific Region
Disaster Management Office
Units 1504-1505, Antel Global Corporate Center
Julia Vargas Avenue, Ortigas Center, Pasig City
Attention: Mr. Edgar E. Esguerra
Business Operations Manager
Gentlemen :
This refers to your letter dated January 31, 2007 requesting exemption from the payment of the Value-Added Tax. IaHDcT
It is represented that World Vision is a multinational company, organized and existing under the laws of California, SA and authorized to establish and operate a Regional Headquarters in the Philippines and issued SEC Certificate of Registration and License No. FM-233 dated September 3, 1979 under Presidential Decree No. 218, as amended (now Book III of Executive Order No. 226, otherwise known as the Omnibus Investments Code; and that Part IV-E, Section 14 of the Rules and Regulations Implementing Republic Act No. 8756 Amending Books III and IV of EO 226 provides that regional or area headquarters shall be exempted from the value-added tax and the sale or lease of goods and property and the rendition of services to regional or area headquarters shall be...
