Tax exemption on donations to civic and charitable orgs

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Republic Act No. 1916: Tax exemption on donations to civic and charitable orgs

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Title Supreme Court: Tax exemption on donations to civic and charitable orgs

Law: Republic Act No. 1916

Decision Date: Jun 22, 1957

Republic Act No. 1916 exempts donations and imported articles from taxes and duties, but if these articles are subsequently transferred for a consideration, taxes and duties will be collected at double the rate, with the Department of Finance issuing rules and regulations for implementation.

tax exemption

donations

international civic organizations

Conditions for Taxation Upon Transfer

If the donated articles are subsequently sold or transferred to other parties for consideration, taxes and duties must then be paid.
Such taxes and duties are to be collected at double the rate imposed under existing laws.
The liability to pay these taxes lies with the transferor who conveys or transfers the articles for consideration.

Implementation and Administrative Directives

The Department of Finance is mandated to promulgate rules and regulations necessary for the implementation of this Act.

Effectivity

The Act takes effect immediately upon approval, specifically from June 22, 1957.

END