BIR Ruling No. 584-2017

REPUBLIC OF THE PHILIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE Quezon City

Certificate of Tax Exemption No: :04-17

CERTIFICATE OF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

entity engaged by the National Housing Authority (NHA), is exempt from project-related (d)(1) and (3) of Repubiic Act (RA) No. 7279, on its income received directly in connection with the construction/development of sociatized housing units under the Nationat Housing income taxes, creditable withholding tax and value added tax (VA1). pursuant to Section 20 Authority (NHA)'s Yolanda Permanent Housing Program, to wit: This certifies that BILREY CONSTRUCTION (TIN: . a private

Notice of May l0. Date of Award 2016 Agreement Contract Date of June 30. 206 Contract Price Project Name Lacson Villas Cadiz City. Negros Brgy. Cadiz Viejo. Occidental Location No. of Socialized Housing Units subject of tax exemption 50() units

subject to VAT, even if the said purchases are to be used for the socialized housing project. since VAT is an indirect tax which can be passed on by the seller of the goods/services. It shall be understood that BILREY CONSTRUCTION must issue VAT-exempt official reccipts on its gross receipts from the said socialized housing project. However. the purchases of goods/articles by BILREY CONSTRUCTION shall be

the NHA over the parcel of land described below, to wit: Moreover. the Unilaterat Deed of Absolute Sale executed by the I andowner in favor of

Unilateral Deed of Absolutc Sale Date of the Name of Landowner Certificate of Title (TCT) Transfer (Sq. m.) Area Transferred (Sq. m.) Area Location

April 3. 2017 Esteban Jonathan Lacson I1 320.322 36.000 Cadi, (ity. Occidental Negros

gains tax and documentary stamp tax pursuant to Sections 19 and 20 of RA No. 7279. which shall be used for the above-mentioned socialized housing project. is not subject to capital

intended. and shall not be construed, as giving authority to the concerned Register of' Deeds (RD) to effect transfer of the land titles in the name of the buyer without the necessary Certificate Authorizing Registration (CAR) issued by this Bureau. In this regard, this ('T'E shal It is. however. understood that this Certificate of Tax Exemption (CTE) is never

. Date of' Acknowledgment

BILREY CONSTRUCTION CTE NO. Date issued 1r-7--017 5-2017

be presented to the Revenue District Office (RDO) concerned in order for the iatter to issuc the CAR.

This Certificate of Tax Exemption is being issued on the basis of the facts and

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

Issued this day ofDEC0207

Aw omAy

ZKI-LMAT Commissioner of Internal Revenue CAESAR R. DULAY 011656

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