BIR Ruling No. 418-2021

REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE

Quezon City

Certificate of Tax Exemption No. DT

CERTIFICATE OF TAX EXEMPTION

TO ALl WHOM it MAy CONCErN

This certifies that the donation under the Deed of Donation dated February 24, 2020 executed by:

Samahang Maralita Catmon Homeowners Association, Name of Donor Inc. TIN Sitio 6, Gov. Pascual, Catmon, Malabon City Address

in favor of:

Espiritu, Inc. (Church of God and Iglesia ng Dios at ni Kristo sa Name of Donee Christ in Spirit) TN 7A RMT Industrial Complex Tunasan Muntiniupa City Address

covering the following property:

Transfer Certificate of Title No. Area (sq.m.) 18.50 Area Donated (sq.m.) 1 8.50 Lot 4 Block 16, Gov. Pascual, Catmon, Malabon City Location

being a gift in favor of a religious corporation is exempt from the payment of the donor's tax pursuant to Section 10! (A)(2)' of the National Internal Revenue Code (Tax Code) of 1997, as amended, subject to the condition that not more than thirty percent (30%) of said gift shall be used by the donee for administration purposes.

Moreover, transfers exempt from donor's tax under Section 101(a) and (b) of the Tax Code of 1997. as amended, shali be exempt from the payment of documentary stamp tax (DST) imposed under Section 196 of the same Code. Accordingly, the Deed of Donation is likewise not subject to the DST prescribed under Section 196 of the Tax Code of 1997, as amended, but only to the DST of P30.00 imposed under Section 188 of the Tax Code of 1997, as amended.

documents as represented and submitted. 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 However, if upon investigation, the BlR ascertains

Issued this day of

OeW

K- Commissioner of Internal Revenue CAESAR R. DULAY

Renumbered by Republic Act Vo. 10%63.