Summary
RMC No. 88-2007 publishes the full text of Executive Order No. 671, which designates the government agencies that certify and accredit charitable organizations as donee-institutions.
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Key points
- Purpose. EO No. 671 is dated October 22, 2007 and relates to the deductibility of contributions or gifts received by donee-institutions under Section 34 of the Tax Reform Act of 1997.
- Accrediting entities. The Department of Social Welfare and Development accredits charitable and social welfare organizations. The Department of Science and Technology covers research and scientific groups, the Philippine Sports Commission covers sports development, the National Council for Culture and Arts covers cultural activities, and the Commission on Higher Education covers educational activities.
- Standards. The accrediting entities follow the standards and guidelines set by the Department of Finance, as provided in Revenue Regulations No. 13-98.
Who is affected
- Non-stock, non-profit corporations, NGOs, associations and foundations seeking accreditation as donee-institutions
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.