n\a

July 31, 2009VAT RULING NO. 010-09Sec. 015; S30-27-03; DA-043-04Museo Pambata Foundation, Inc.Roxas Boulevard corner South DriveManila, PhilippinesGentlemen :This refers to your letter dated August 9, 2007 requesting exemption from the value-added tax. acCDSHIt is represented that the Museo Pambata Foundation, Inc. (Foundation) is a non-stock, non-profit organization registered with the Securities and Exchange Commission with Registration No. AN093-003387 dated August 2, 1993; that since its inception in 1994, its has been religiously complying with the Bureau of Internal Revenue requirements; that the Philippine Council for NGO Certification has recommended that the Foundation secure a VAT exemption from this Office to cover for possible tax exposure; and that for the last four (4) years, the Foundation has been following up its request for exemption from the VAT from the Revenue District of Manila.In reply, please be informed that Section 105 of the Tax Code of 1997, as amended, provides that any person who, in the course of trade or business, sells, barters, exchanges, leases goods or properties, renders services, and any person who imports goods shall...