BIR Ruling No. 615-2020

REPUBLIC OFTHEPHILIPPINES

DEPARTMENTOF FINANCE

BUREAU OF INTERNAL REVENUE

Quezon City

Certificate of Tax Exemption No: NSH 0e151-2020

CERTIFICATEOF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

This certifies that the Deed of Absolute Sale (DOAS) Sale executed bythe Landowners

in favor of the National Housing Authority (NHA) over theparcels of land described below, to

Wit:

Date of Deed January 30, of Absolute 2020 Sale1 Herminigildo DV. Landowners/ Alcantara Names of Sellers Certificate of Transfer Title No. 20 981 (Sq.m.) Area Transferred (Sq|m.)2 3,3 77 Area Naic, Cavite Calubcob, Location Brgy.

January 28. 2020 Rodrigo R. Panganiban Yolanda P. Jadulco Teodora P. Palec3 Helen P. Quidip Flora P.Tanael Lerina P.Vidal 24.390 8,380 Naic, Cavite Calubcob, Brgy.

January 14. January 16, 2020 Eliseo C. Rupido Eduardo L. Baes 22,939 20.602 22/141 20,602 Naic, Cavite Calubcob, Calubcob, Brgy. Brgy.

January 16, 2020 2020 Eduardo L. Baes 981 981 Naic, Cavite Naic.Cavite Calubcob, Brgy.

January 12, January 28. January 30, 2020 2020 2020 Noelito C. Rupido Joven L. Ngo and Loida I. Viado Jeffrey L. Ngo 24.422 14/262 18,423 14,262 18,423 6,376 Naic, Cavite Naic, Cavite Naic, Cavite Calubcob, Calubcob, Calubcob, Brgy. Brgy. Brgy.

1 This Certificate of Tax Exemption does not include exemption from estate tax and/ordonor's tax, if applicable, on the transfer of lots from the registered owners to their heirs/donee. 2 Area to be developed by Goldenville Realty & Development Corporation per Summary of Lots certified by NHA 3 Special Power of Attorney dated December29,2018,was granted to Salvador R. Panganiban to execute the Deed of Absolute Sale on behalf of the landowners.

Goldenville Realty and Development Coyp./Hyacinth Residences Page 2 of 2 CTE No! Date issued NsH-0515-2020 * OCT 2 8 2020

January 30. January 16. January 28, December 17, 2019 2020 2020 2020 TOTAL Crisanto C. Rupido Sismaet and Emma Mila R. Estuar and Sps. Edmundo T. Fiorello R. Estuar Editha R. Estuar3 Laylo Sismaet Celedonio B. Asuncion 251,426 10,000 12,839 76,366 5221 54/923 166,638 10.000 5,220 1,953 Naic, Cavite Naic, Cavite Naic, Cavite Naic,Cavite Calubcob, Calubcob, Calubcob, Calubcob, Brgy. Brgy. Brgy. Brgy.

which shall be used for the Hyacinth Residences Housing Project, with 2,400 housing units,

located in Brgy. Calubcob, Naic, Cavite, a socialized housing project under the National

Resettlement and Relocation Programs of the Government[for the affected families within the

8.2 segment project of the Department of Public Works & Highways (DPWH), to be

undertaken by GOLDENVILLE REALTY & DEVELOPMENT CORPORATION, are

not subject to creditable withholding tax/capital gains tax and documentary stamp tax pursuant

to Sections 19 and 20 of Republic Act(RA) No. 7279 and value-added tax pursuant to Section

109 (1)(P) of the Tax Code of 1997, as amended.

It is, however, understood that this CTE is never intended, and shall not be construed.

as giving authority to concerned Register of Deeds 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 CTEltogether with the documentary requirements provided

under Revenue Memorandum Order (RMO) No. 15-2003, shall be presented to the Revenue

District Office (RDO) concerned in order for the latter to issue the CAR.

Upon application for exemption, a lien on the titlesjof the lands, shall be annotated by

the Register of Deeds having jurisdiction over the properties, to the effect that the same are to

be applied or are being applied to a socialized housing project pursuant to RA 7279.

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

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.

Issued this " day of

1asanka

Commissioner of Internal Revenue CAESAR R.DULAY 037442 ev

K-1-JAC

3 Special Power of Attorney dated December 16, 2019, was granted toFiorello R. Estuar to execute the Deed of

Absolute Sale on behalf of the landowners.