BIR Ruling No. 550-2017

REPUBLIC OF TNE PHILIPPINES

DEPARTMENT OF FiNANCE BUREAU OF INTERNAL REVENUE

Certificate of Tax Exemption No. T 50-017

CERTIFICATE OF TAX EXEMPTION

issued to

2nd Floor. Cheng buiiding, 212 Haig St., Brgy. Daang Bakal, Mandaluyong City Gawad Kalinga Community Development Foundation, Inc. 228-005-554-000

executed by Gawad Kalinga Community Development Foundation, Inc. in favor of: This certifies that the donation under the Deed of Donation dated July 2015.

Name of Donee TIN Address City Government of Cabanatuan Cabanatuan City

over the parcel of land described below, to wit.

Transfer Certificate of Titie Area (sq.m.) Location

11.639 Brgy. Bakod Bayan. Cabanatuan

being a gift in favor of the City Government of Cabanatuan. a political subdivision of the Governmcnt. is exempt from the payment of the donor's tax pursuant to Section 101 (A) (2) of the Tax Code of 1997, zs amended.

or other persons without consideration are not taxable. Accordingly, the Deed of Revised Documentary Stamp Tax Regulations, implementing Title VII of the Tax Code. provides that corveyances of realties not in connection with a sale. to trustees Donation is likewise not subiect to the documentary stamp tax prescribed under Section 196 of the Tax Code. as amended. but only to the documentary stanip tax of P15.00 imposed under Section 188 of the same Code. Moreover. Section 185 of Regulations No. 26, otherwise known as the

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

Issued this -day of NOV 2 42Ull

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K-1-JRC Commissioner of Internal Revenue CAESAR R. DULAY 011362