BIR Ruling No. 671-2019

REPUBLIC OF THE PHILIPPINES

BUREAU OT HNTERNAL REVENUE DEPARTMFNT OF FINANCE Quezon City

Certificate of Tax Exemption Ko. 03:1-213

CERTIFICATE OF TAX EXEMPTION

issued to

SPS. San Pedrc. Hagonoy, Bulacan 3002 TN: TM

This certifies that the donation under the Deed of Donatior dated September 7, 2015. executed by Sps. Arsenia Deios Santos and Ruperto Giron in favor of:

Mother of Perpetual Help Schoct Narne of Donee Inc. TIN San Pedro, Hagonoy. Buiacan 3002 Address

Over parceis of land described belov., to wit.

Transfer Certificate of Title Area Donated (sq.m. 2.736 211 San Pedro, Hagonoy, Bulacan San Pedro, Hagonoy, Bulacan Location

being a gift in favor of a nonstock. aonprofit educational institution is exempt from the payment of the donor's tax pursuart to Section 101 (A)(2) of the Tax Code of 1997. as amended subject to the condition that nct imore than thirty percent (30%) of said gift shall be used by the donee for administratioil ourposes. Said condition shall be annotated on the title by the Register of Deeds because icn-compliance with said condition shail subject the donation to donor's tax.

Moreover, Section 185 of Reguiations No. 26, otherwise known as the Revised Documentary Stamp Tax Regulations, implementing Titie VIf of the 1997 Tax Code, as amended provides that conveyances of realties not in connection with a sale, to trustees or other persons without consideration are net taxable. Aceordingly, the Deed of Donation is likewise not subject to the documeniary -tamp tax prescribed under Section 196 of the 1997 Tax Code, as amended, but only to the documentary stamp tax of PhP15.002 imposed under Section i88 of the same Code.

This Certificate of Tax Exeimpticn 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 _UtI IU 2 LK Met

Commissioner of Internal Revenue CAESAR R. DULAY

0 30 0 8 3

%. The old DST rate was use since the dena:ion took place prior to R.A. No. 10963. Renumbered by Rspublic Act No. :0963 or the TRAIN Law