JJReyes Posted August 13, 2018 Posted August 13, 2018 9 hours ago, Jollygoodfellow said: I thought all church dealings are tax free? If the parish church has a store selling religious books, candles, rosary beads, etc., it could be considered a commercial enterprise. Other money raising activities such as raffles, bazaars, bingo nights, etc. are considered a gray area. The church and parsonage are traditionally tax free properties. But what happens if the parish builds a center you can rent for wedding banquets, family parties and dances? I recall some 30 years ago, there was controversy because the Vatican had invested in South America businesses including a bra factory. Were the profits taxable income or tax free because the money was going to build or repair schools and churches? 2 Link to comment Share on other sites More sharing options...
Snowy79 Posted August 14, 2018 Posted August 14, 2018 If only someone had blessed these churches. https://www.google.com.ph/amp/s/amp.rappler.com/nation/41381-ten-churches-damaged-cebu-bohol-quake Link to comment Share on other sites More sharing options...
Jack Peterson Posted August 14, 2018 Posted August 14, 2018 10 hours ago, JJReyes said: But what happens if the parish builds a center you can rent for wedding banquets, family parties and dances? **Churches and religious organizations are generally exempt from income tax and receive other favorable treatment under the tax law; however, certain income of a church or religious organization may be subject to tax, such as income from an unrelated business.** taken from a BIR update PDF so it would need to be searched as to long to put here Jack Morning All 1 Link to comment Share on other sites More sharing options...
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