REVENUE MEMORANDUM CIRCULAR NO. 7-2012 issued on February 24, 2012 circularizes relevant portion of BIR Ruling No. 023-10 dated August 4, 2010 concerning the Capital Gains Tax (CGT) and Documentary Stamp Tax (DST) liability of a nonstock, non-profit organization on its real property disposition.                                                                                                                             BIR employees engaged in the processing and review of One-Time Transactions are enjoined to assess the appropriate CGT and DST, if warranted, on real property disposition by a non-stock, non-profit organization.