BIR Ruling No. 376-2018

REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE

Quezon City

Certificate of Tax Exemption No.

376-18

CERTIFICATE OF TAX EXEMPTHON

issued to

Sanchez. Su. Brgy. Ibabao. Mandaue (ity MUSSOLINI C. BARILLO TIN:

This certiies that donation under the Deed of Donation dated March 15. 2013. cvceuted by MiSSOLIN1 C. BARILLO,in favor ot:

Aglipayan Community of Guihulngan (ity. Ine. Name of Donec TIN Guihulngan City. Negros Mabini St.. Poblacion Address Oriental

co rng the tollow ing propetty:

Original Area Area Donated Location crtificate of Title. {q:m} (sq.m. Guihulngan City. Negros Mabini St.. Poblacion Oriental

beins: a donation in tavor ot a religious corporation is exempt from the payment of the jonor's tax pursuant to Section 101 (A)(3) of the Tax Code of 1997. as amended) suhjcet io the condition that not more than thirty percent (30%) of said gift shall be used by the donee for administration purposes. The Register of Deeds shall annotate such condition at the back of the Transfer Certificates of Title because failure to Comply with said condition shall subject the donation to donor's tax.

Moreover. Seetion 185. of Regulations No. 26. otherwise known as the Rexised Documentary Stamp Tax Regulations. implementing Title VH of the Tax Code of the 1907. as amended. provides that conveyances of realties not in connection with a. sale. io trustees or other persons witnout consideration are not taxable vecordingly. the Deesis ot Donation are likewise not subject to the documentary stamp uax preseribed under Seetion 196 ot the Tax Code of 1997. as amended, bu ont: to the doeumentary stamp tax of P15.00 imposed under Section 188 of the sane

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doeuments as represented and submitted."However. if upon investigation. the BIR This t'ertiticate ot Tax Exemption is being issued on the basis of the facts and

ascertains that the facts are different. then this Certificate shall be considered null and Y

Issued this day of. MAR 11 8 2018

A L&G

Conmissioner of Internal Revenue CAESAR R. DULAY

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