BIR Ruling No. 265-2017

REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE

Certificate of Tax Exemdtion No.

265-20172004

CERTIFICATE OF TAX EXEMPTION

issued to

Government of Australia Name of Donor TIN Australian Embassy in the Philippines Address

Provincial Government of Aklan Name of Donee -and TI Provincial Capitol Building. Provincial Capitol, Kalibo Address Aklan

This certifies that the Deed of Transfer of Ownership of Vehicles dated December 22. 2015, entered by the Donor and the Donee over a motor vehicle specifically described below, to wit:

Mitsubishi L300 FB Mitsubishi Montero with Aircon deluxe Sport GLS V 2.5 L DSL 4x4 M/T Euro 2 Make Model Year 2012 2012 Pyrenese Black Aspen White Color Chassis Number Engine Number

being a gift in favor of the Provincial Government of Aklan, 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.

However, transfer made by tax-exempt person/entity of automobile to person/entity not enjoying indirect tax exemption shall be subiect to VAT and ad valorem tax in the hands of the latter and the said non-exempt transferee shall be liable for the unpaid VAT and ad valorem tax on such motor vehicles.

This Certificate of Tax Exemption 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 MAY 2 3 20

1eeonws CAESAR R. DULAY

K-1-JRC Commissioner of Internal Revenue 006774