BIR Ruling No. 604-2017

REPUELIC Q" THE PHILIPPINES

DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE

Quezon City

Certificate of Tax Exemption No: 604-2017

CERTIFICATE OF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

This certifies that THREE W BUILDERS, INC. (TIN: I, an entity engaged by the National Housing Authority (NHA), is exempt from project-related income

construction/devciopmcnt of socialized housing units under the NHA's Socialized Housing taxes, creditable withholding tax and value added tax (VA'T)- pursuant to Section 20 (d)(1) and (3) of Republic Act No. 7279, on its income received directly in connection with the

to wit: Program, intended for qualified Informal Settler Families (ISFs) residing along danger areas.

January 31. Notice of Date of Award 2013 Agreement Contract April 29. Date of 203 Contract Price (Php) Medium Rise Buildings at Navotas Homes Phase 2 (Gulayan and Tanglaw Three (3) Five-Storey Project Name Areas} Development Navotas City Location Dagatan Project. Dagat -- Housing Units subject of tax exemption Socialized No. of 1 80

However. the purchases of goods/articles by THREE W BUILDERS, INC. shall be

since VAT is an indirect tax which can be passed on by the seller of the goods/services. It shall subject to VAT, even if the said purchases are to be used for the socialized housing project

be understood that THREE W BUILDERS, INC. must issue VAT-Exempt officia! receipts on its gross receipts from the said socialized housing project.

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_DEC } 4 2Q17

AM 5

K Commissioner of Internal Revenuc CAESAR R. DULAY #t b 011766