bir_ruling BIR Ruling No. 335-2019BIR Ruling No. 335-2019

BIR Ruling No. 335-2019

:EPUBLIC OF THE PHILIPPINES

: EPARTMENT OF FINANCE *EAU OF INTERNAL REVENUE

Quezon City

Certificate of Tax Exemption No:

0335-201g

*CATE OF TAX EXEMPTION

1: I *: ". +u+:5 of Absolute Sale (DOAS) executed by the Landowners in

fevo- : : .:thority (NHA) over the parcels of land described below. to

He

bae t t . Phao ....:. . .-- ++ansfer Certificate of Title Nos. Area (sq. m.) Aggregate 7.O!S Transferred Area 7.015 Property/ies Location of

Narc 8.000 8.000

ver 20,000 20.000

Marc r :I ::: 10,000 4,000 6000 10,000 6.000 4.000 Cabcaben. Mariveles. Bataan Brgy.

....... 8.735 8.735

21.:- 8.735 8.735

MU f.- ::: 8.736 8,736

P :.....,- 8.735 8.735

: I 8.730 8.730

Wh s t 0 i-it: :* r. 1:. :1ons 19 and 20 of Republic'Act (RA) No.7279 and Section O e Fie :r:. : . :bject to capital gains tax, documentary stamp tax and * +: : . Initiative Approach Program (CIAP), to be undertaken by ::veles Heights Resettiement Project, with 975 developed ... Cabcaben, Mariveles, Bataan. a socialized housing project

I.....+h............*7. as amended.

i. : that this Certificate of Tax Exemption (CTE) is never Inteie:- : si: n.:: : :d as giving authority to the concerned Register of Deeds to cf720: ts1er Reg. ".. :+ r: .his Bureau. In this regard, this CTE. together with the . :- i:: ::: i:: the name"of the NHA without the Certificate Authorizing

I it.. Tte ferit. T :*.- .............. :.. !nclude exemption from estate tax due on the property. if any :. inelude exemption from estate tax due on the property. if any . rnesto D. Albania

Bitrer Construction Page 2 of 2 Date issued_ JUN0 :4 2019 CTE No.-0 3 3_5 -_2 0 1 9

documentary requirements provided under RMO No. 15-2003, shall be presented to the Revenue District Office (RDO) concerned in order for the latter to issue the CAR.

be applied or are being applied to a socialized housing project pursuant to RA 7279. the Register of Deeds having jurisdiction over the properties, to the effect that the same are to Upon application for exemption, a lien on the tities of the lands shall be annotated by

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 jUN 0 4 2019

1aaniy

Commissioner of Internal Revenue CAESAR R. DULAY

K - 026037

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