BIR Ruling No. 545-2017

REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon City

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Certificate of Tax Exemption No: -0

CERTIFICATE OF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

CENTRAL LUZON BASIC HOMES, INC. over the parcels of iand described be|ow. to wit: This certities that the Deeds of Absolute Sale executed by the I.andowners in favor of

April 07. July I4. 2015 Date 2015 Weiss marricd to Jose Weiss Celerina De Castro. Carmencita t: Bayacal married to Eliseo Bayacat. Clarita U. De Castro married to Irene S. De Castro. Reynaldo S. De Castro married to Nina llano -- De Castro. and Elvira De Castro Wilfredo U. De (`astro married to Name of Landowners Certificate of Transfer Title No. Owned (sq: m.) 15. 734 Area 7101 Transferred (sq. m.) 13.435 71( Ciuiguinto. Location I'abang. Bulacan Brgy

Castro married to Jose Chua Rocky Yurong. and Elenita !!. De

which shall be used for the Ylang Ylang Homes II socialized housing project. are not subject to capital gains lax and VAT pursuant to Section 20 (d) (2) of RA No. 7279 and Section 109 (1) (P) of the National Internai Revenue Code of 1997. as amended.

the Register of'Deeds having jurisdiction over the property. to the cffect that thc same is to be applied or is being appiied to socialized housing project pursuant to RA No. 7279. Upon application for cxemption, a lien on the titles of the iand shali be annotated by

contracted to be paid for such realties or on their fair market value determined in accordance with Section 6 (E) of the same Code, whichever is higher. 196 of the National Internal Revenue Code of 1997. as amended, based on the considerations However. the sales are subject to documentary stamp tax (DST)' imposed under Section

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 Certificale of Tax Exemption is being issued on the basis of the facts and

Issued this day of NOV 2 4 2017

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K-I-LMAT Commissioner of Internal Revenue CAESAR R. DULAY 0 11373 : Already paid per Deposit Slips dated Aprit 10. 2015 and Juty 14. 2015 respectively. both under Account Name BTR-BIR and Account Numbcr