BIR Ruling No. 669-2020

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE Quezon City

Certificate of Tax Exemption No:

NSH-0669-2020

CERTIFICATE OF TAX EXEMPTION

housing units located at Brgy. Lagundi, Morong, Rizal, to wit: HOMEOWNERS ASSOCIATION, INC. (SGHHOAI) for the sale of1,000' socialized between This certifies that the Contract Agreement dated December 12, 2018 executed by and BAQUECORPORATIONandSANGUILLERMO HEIGHTS

Memorandum of Agreement December 14, 2018 Date of Name of Housing San Guillermo Heights Project Housing Units subject of Number of Socialized tax exemption 1,000 Brgy. Lagundi. Morong,Rizal Location of the Project

of Republic act (RA) No. 7279 and value-added tax pursuant to Section 109 (1)(P) of the Tax construction of infrastructure projects by the national government, is not subject to creditable withholding tax/capital gains tax and documentary stamp tax pursuant to Sections 19 and 20 which project has been classified as socialized housing intended for the families affected by calamities, those living in danger areas, and those relocated by NHA to give way to the Code of 1997, as amended.

that the facts are different, then this Certificate shall be considered null and void. documents as represented and submitted. However, if upon investigation, the BIR ascertains This Certificate of Tax Exemption is being issued on the basis of the facts and

Issued this day of DEC 1 7 2020

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Commissioner of Internal Revenue CAESAR R.DULAY 038669

K-1-JAC

1 As certified by the NHA in its Certification dated May 4, 2020