Compliance with BIR Tax Policies and Procedures Weighted Mean
1. Ensures compliance with the condition
attached to the tax exemption. 4.625 2. Ascertains the existence of other income derived from non-exempt activities. 4.375 3. Provides proper tax treatment of other income derived from non-exempt activities. 4.46875 4. Pays other taxes for which no exemptions was granted in Philippine laws such as withholding tax, fringe benefit tax, and documentary stamp tax 4.53125 Views on Organization's Business Taxes Weighted Mean 1. Employs the calendar year or fiscal year as a basis for filing its tax return. 4.59375 2. Reports the financial information requested on the basis of the accounting method the organization regularly used to keep its books and records. 4.5625 3. Fund or other assets are solely for unrestricted use. 4.125 4. Disbursements upon donors approval 3.0625 Views on Requirements Complied as per the Amended Tax Law Weighted Mean 1. The organization met the organizational test 4.46875 2. The organization met the operational test 4.6875 3. All the net income of the organization are devoted to its purpose 3.375 4. The organization is a branch of a foreign, non-stock, non-profit organization 3.15625 5. The organization already applied for renewal/application based on the amended tax rules 2.90625 Verbal Interpretation Strongly Agree Agree Strongly Agree Strongly Agree Verbal Interpretation Strongly Agree Strongly Agree Agree Neither Agree nor Disagree Verbal Interpretation Agree Strongly Disagree Neither Agree nor Disagree Neither Agree nor Disagree Disagree 1. Ensures compliance with the condition attached to the tax exemption. 2. Ascertains the existence of other income derived from non-exempt activities. 3. Provides proper tax treatment of other income derived from non-exempt activities. 4. Pays other taxes for which no exemptions was granted in Philippine laws such as withholding tax, fringe benefit tax, and documentary stamp tax 1. Employs the calendar year or fiscal year as a basis for filing its tax return. 2. Reports the financial information requested on the basis of the accounting method the organization regularly used to keep its books and records. 3. Fund or other assets are solely for unrestricted use. 4. Disbursements upon donors approval Views on Requirements Complied as per the Amended Tax Law Weighted Mean Verbal Interpretation 1. The organization met the organizational test 2. The organization met the operational test 3. All the net income of the organization are devoted to its purpose 4. The organization is a branch of a foreign, non-stock, non-profit organization 5. The organization already applied for renewal/application based on the amended tax rules 1. Ensures compliance with the condition attached to the tax exemption. 2. Ascertains the existence of other income derived from non-exempt activities. 3. Provides proper tax treatment of other income derived from non-exempt activities. 4. Pays other taxes for which no exemptions was granted in Philippine laws such as withholding tax, fringe benefit tax, and documentary stamp tax 1. Employs the calendar year or fiscal year as a basis for filing its tax return. 2. Reports the financial information requested on the basis of the accounting method the organization regularly used to keep its books and records. 3. Fund or other assets are solely for unrestricted use. 4. Disbursements upon donors approval Views on Requirements Complied as per the Amended Tax Law Weighted Mean Verbal Interpretation 1. The organization met the organizational test 2. The organization met the operational test 3. All the net income of the organization are devoted to its purpose 4. The organization is a branch of a foreign, non-stock, non-profit organization 5. The organization already applied for renewal/application based on the amended tax rules QT'S 5 4 3 2 1 WEIGHTED MEAN TOTAL 1 22 8 2 0 0 4.625 32 2 18 8 6 0 0 4.375 32 3 19 11 0 2 0 4.46875 32 4 22 5 5 0 0 4.53125 32 5 20 11 1 0 0 4.59375 32 6 22 6 4 0 0 4.5625 32 7 15 8 7 2 0 4.125 32 8 2 12 7 8 3 3.0625 32 9 18 11 3 0 0 4.46875 32 10 22 10 0 0 0 4.6875 32 11 7 15 1 1 8 3.375 32 12 12 1 6 6 7 3.15625 32 13 5 12 2 1 12 2.90625 32 14 2 5 12 13 0 2.875 32 15 6 13 5 8 0 3.53125 32 16 3 10 11 8 0 3.25 32 17 9 9 2 4 8 3.21875 32 18 0 0 7 11 14 1.78125 32 19 23 5 1 3 0 4.5 32 20 0 9 12 10 1 2.90625 32 21 5 7 6 14 0 3.09375 32 22 7 14 1 10 0 3.5625 32 23 17 4 9 1 1 4.09375 32 24 16 6 7 1 2 4.03125 32 25 4 16 4 7 1 3.46875 32 26 3 8 11 3 7 2.90625 32 27 4 5 18 4 1 3.21875 32 28 17 10 2 3 0 4.28125 32 29 7 16 4 2 3 3.6875 32 30 13 12 3 4 0 4.0625 32 31 10 22 0 0 0 4.3125 32 32 7 4 21 0 0 3.5625 32 33 19 9 3 1 0 4.4375 32 34 17 10 5 0 0 4.375 32