BIR Ruling No. 274-2022

F BUREAU OF INTERNAL REVENUE REPL BLIC OF THE PHILIPPINFS DEPARTMENT OF FINANCE

Quezon City

Certificate of Tax Exemption No. CMP - 274-2027

CERTIFICATE OF TAX EXEMPTION

issued to

Name of :eller TIN Address BAQUE CORP )RATION New Tariac Public Market Brgy. Mabini, Tarlac City

-and-

SAN ANTONIC VILLAGE (LGU) HOMEOW NERS Name of Hon eowners ASSOCIATION. INC Association (HOA) TIN Village (LGU), Brgy. San Isidro. Block 25 Lot 15 San Antonio Rodriguez Rizal Address

dated February 3. 2022. over the par'cels of land described below. to wit: This certifie that the Deed of Absolute Sale entered by the Seiler and the HOA.

Certificate of Title No. Transfer Total Area [Transferred Area of CM} (sq.m.) -(sg.m.) (sq.m.) Location

San Isidro, Montalban. Rizal San Isidro, Montalban, Rizal San Isidro. Montalban, Rizal San Isidro, Montalban, Rizal San Isidro, Montalban, Rizal San Isidro, Montalban. Rizal San Isidro. Montalban, Rizal San Isidro, Montalban, Rizal San Isidro, Montalban, Rizal San Isidro. Montalban, Rizal San Isidro, Montalban, Rizal San Isidro, Montaiban, Rizal San Isidro, Montalban, Rizal San Isidro, Montalban, Rizal San Isidro. Montalban, Rizal San Isidro, Montalban, Rizal San Isidro. Montalban, Rizal San Isidro, Montalban. Rizal San Isidro, Montalban. Rizal San Isidro, Montalban, Rizal San Isidro, Montalban. Rizal San Isidro, Montalban, Rizal

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CMR-

S San Isidro, Montalban. Rizal San (sidro, Montalban. Rizal San Isidro. Montalban, Rizal San Isidro, Montalban. Rizal San Isidro. Montaiban, Rizal San Isidro. Montalban. Rizal San Isidro. Montalban. Rizal San Isidro, Montalban. Rizal San Isidro. Montalban, Rizal San Isidro, Montalban. Rizal San Isidro. Montalban, Rizal San Isidro, Montalban. Rizal San Isidro, Montalban. Rizal San Isidro. Montalban, Rizal San Isidro. Montalban. Rizal San Isidro, Montalban. Rizal San Isidro, Montalban. Rizal San Isidro. Montalban. Rizal San Isidro, Montalban, Rizal San Isidro, Montalban. Rizal San Isidro. Montalban. Rizal San Isidro, Montalban. Rizal San Isidro. Montalban. Rizal San Isidro, Montalban. Rizal San Isidro. Montalban. Rizal San Isidro, Montalban. Rizal San Isidro. Montalban. Rizal San Isidro. Montalban. Rizal San Isidro. Montalban. Rizal San Isidro, Montalban. Rizal San Isidro. Montalban, Rizal San Isidro. Montalban, Rizal

Finance Corporation. inl a Socialized Housing Project' is not subject to creditable withholding amended. provided t! at the consideration per beneficiary shail not exceed the VAT-exempt threshold3 'provided i RR No. 8-202t. The transaction is. h3wever. subject to documentary stamp tax under Secti on 196 of the Tav Code of 1997. as amerded. being a Community: 'vlortgage Prograin (CMP) under Turnliy Modality of Social Housing pursuant to Section 109 : 1) (P) of the National Internal Rever ue Code (Tax Code) of 1997. as tax (CWT)/capital gai:s tax (CGT) pur: uant to Sections 20 (d) and 32 (b) of Republic Act (RA) No. 7279. as amende 12. Furthermore."the sale shall not be suoject to value-added tax (VAT)

Nine Thousand Two H nd"ed Pesos (P3.199.200.00) in 2011 using the 2010 Consumer Price Index ' Per Certification by th - D spartinent of Ht:man Settlements and Uit an Developnent (DHSUD) dated As amended hy RA M .. 10884 otherwis.: known as the --Balanc Housing Development Program Yalues May 11.2022 Amendments Not more than Two M: lic n Pesos (P2.000.000.00). as adjusted to Three Million One Hundred Ninety-

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0m0:2 2 74 MAY 2 7 2022 0 2 2

provided under Reve nue Memorandum Order (RMO) No. 1&-2003. Registration (CAR). The CAR shall only be issued after the submission of the requirements shall not be construs d 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 of Authority to District Office (RD )) concerned in order for the latter to issue the Certificate Authorizing Register issued by tr is Bureau. In this regard. this Certificateishall be presented to the Revenue It is. howeve ". t:nderstood that this Certificate of Tax Exemption is never intended and

actual occupants of the property transferred under the CMP are qualified beneficiaries and therefore. the seller s entitled to exemption from CGT, and VAT imposed under Sections 24 (D)(1) or 27 (D)(5). ini Section 109 (1)(P). respectively. of the Tax Code, as amended. The Bureau : f Internal Revenue (B(R) shall conduct verification and post-audit that the

and submitted. How ever. if upon investigation. the BIR ascertains that the facts are different. then this Certificate hatl be considered nuil and void. Issued this - This Certific. : te is being issuedl on the basis of the facts and documents as represented day of :4Y :?7

K- Commissioner of Internal Revenue CAESAR R. DULAY

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MRISSAO.CABREROS Caeut} Commissioner I\esal Group wr-in-Charas 0830

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