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Form As 2645.1 - Application For Tax Exemption Under Section 1101.01 Of The Internal Revenue Code For A New Puerto Rico Page 5

SERVICE FEE FOR TAX EXEMPTION APPLICATIONS

SUBMITTED TO THE DEPARTMENT OF THE TREASURY

UNDER SECTION 1101.01 OF THE

INTERNAL REVENUE CODE FOR A NEW PUERTO RICO

According to the provisions of Act No. 15 of July 20, 1990 and Regulation 6103 to Impose

Service Charges for Applications Submitted to the Department of the Treasury, approved on

February 25, 2000, EVERY application for tax exemption must include the following fee.

Such fee must be paid in check or money order, payable to the Secretary of the Treasury.

Initial request for qualification of an organization which average gross income during

the preceding 4 years, had not exceeded $50,000, or new organizations which

anticipated average gross income not exceeding $50,000 during its first 4 years, the

fee must be $300.00.

Initial request for qualification of an entity organized to provide financial assistance or

scholarships for educational purposes, the fee must be $300.00.

Initial request for qualification of an organization not covered under the above letter b,

which actual or estimated average gross income exceeds $50,000 annually, the fee

must be $ 400.00.

The institutions organized exclusively for religious purposes are not subject to the

service fee previously mentioned.

Applications that do not include all the information required in this Form, will be subject to an

additional charge of $150.00 that must be paid at the moment of submitting the

additional information.

Form As 2645.1 - Application For Tax Exemption Under Section 1101.01 Of The Internal Revenue Code For A New Puerto Rico Page 5