TAX DEDUCTIONS FOR FILIPINO DONORS
As Tulay ng Kabataan is PCNC accredited, we can provide a BIR Certificate of Donation (2322 BIR Form).
On November 13, 2019, the accreditation of the Foundation has been renewed until 2022 by PCNC (Philippine Council for NGO Certification), which is a government-led agency to certify non-profit organizations that meet established minimum criteria for financial management and accountability in the service to underprivileged Filipinos.
It is a new recognition of the work done by the Foundation towards transparency and good financial management of the donations received.
TAX DEDUCTION FOR DONORS
Following this accreditation, the foundation has received from the Bureau of Internal Revenue (BIR) its Certificate of Registration as a Donee Institution, allowing:
- DEDUCTION for the DONOR (pursuant to Section 34(H)(1) or (2) of the National Internal Revenue Code of 1997), and
- EXEMPTION FROM DONOR’S TAX (pursuant to Section 101 (A)(3) of the National Internal Revenue Code of 1997)
If you would like to be exempted from donor’s tax and get a deduction, you just need to fill and sign the BIR Certificate of Donation (BIR Form 2322) with name, address, TIN, value of the donation, and bring it to the Foundation for signature.
From now on, all your donations to Tulay ng Kabataan Foundation can benefit from this deduction.
Maraming, maraming salamat po for your continuous help to save the children!