BIR Ruling No. 365-2022

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE

Certificate of Tax Exemption No.

CMP- 3 65 - 2 022

CERTIFICATE OF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

by and between: This certifies that the Deed of Absolute Sale dated January 12, 2021, entered into

Name of Sellers! TIN Address

Melchor D. Tablizo m/to Leonora T. Paulino m/to Zenaida T. Alquiza m/to Christie R. Alquiza Reinaldo Paulino Yolanda Corcino

Eugenio D. Tablizo

-and Name of Homeowners Association (HOA) TIN Address

NAVALES-TABLIZO HOMEOWNERS ASSOCIATION, INC. Brgy. Matti, Digos City Davao Del Sur

over the parcel of land described below, to wit:

Transfer Certificate of Title No. Total Area (sq.m.) Transferred |Area of CMP (sq.m.) (sq.m.) Location

being a Community Mortgage Program (CMP), is not subject to capital gains tax pursuant to Section 32 (b) of Republic Act (RA) No. 7279, as amended by RA No. 10884. The transaction is, however, subject to documentary stamp tax under Section 196 of the National Internal Revenue Code (Tax Code) of 1997, as amended.

intended and shall not be construed as giving authority to the concerned Register of Deeds to effect transfer of the land title in the name of the buyer without the necessary Certificate presented to the Revenue District Office (RDO) concerned in order for the latter to issue the CAR. The CAR shall only be issued after the submission of the requirements provided under Revenue Memorandum Order (RMO) No. 15-2003. Authorizing Registration (CAR) issued by this Bureau. In this regard, this Certificate shall be It is, however, understood that this Certificate of Tax Exemption (CTE) is never

behatf of the landowners for the sale of the property identified and described in TCT No. 144-2019002640. 1 Special Power of Attorney dated July 31, 2020 was granted to Christit: R. Alquiza to execute the Deed of Absolute Sale on

NAVALES-TABLIZO HOA, INC. Page 2 of 2 CTE No. Date Issued CMP-- 3 6 5 - 2 0 2 2 AUG 2 22022

The Bureau of Internal Revenue (BIR) shall conduct verification and post-audit that the actual occupants of the property transferred under the CMP are qualified beneficiaries and therefore, the seller is entitled to exemption from capital gains tax or income tax imposed under Sections 24 (D)(1) and/or 27 (D)(5) of the Tax Code of i997, as amended.

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

Issued this day of AUG22_2022

K-1-JAC Commissioner of Internal Revenue LILIA CATRIS GUILLERMO Ul C 000801