BIR Ruling No. 548-2017

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE

Quezon City

Certificate of Tax Exemption No. 54C-PO :7 CERTIFICATE OF TAX EXEMPTION issued to

Municipality of Sta. Ana. Name of Donor Cagayan TIN Sta. Ana, Cagayan Address

Barangay Government of Name of Donce Casambalangan -and TIN Sta. Ana, Cagayan Address

Donor and the Donee over the parcel of land described below, to wit: This certifies that the Deed of Donation dated October 4, 2014. entered by the

being a gift in favor of the Barangay Government of Casambalangan, a political subdivision of the Government, is"exempt from the payment of the donor's tax pursuant to Section 101 (A)(2) of the Tax Code of 1997, as amended. Original Certificate of Title Area (sq.m.) 8, 11 Area Donated (sq.m. 3 1 Brgy. Casambalangan. Sta. Ana, Cagayan Location

Revised Documentary Stamp Tax Regulations, implementing Tit!e VIl of the Tax Donation'is likewise not subject to the documentary stamp tax prescribed under Code. provides that convcyances of realties not in connection with a sale, to trustees or other persons without consideration are not taxable. Accordingly, the Deed of Section 196 of the Tax Code, as amended, but only to thc documentary stamp tax of P15.00 imposed under Section 188 of the same Code. Moreover. Section i85 of Regulations No. 26, otherwise known as the

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

Issued this day of NON 2 4 2017

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Commissioner of Internal Revenue CAESAR R. DULAY 011374 K-1-JAC