BIR Ruling No. 368-2019

Et BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE . Quezon City

Certificate of Tax Exemption No. 0368-2019

CERTIFICATE OF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

and between: This certifies that the Deed of Absolute Sale dated February 11. 2016. entered into by

Marie Concon Zamora Name of Selter/s Landowner/s TIN Subdivision, Butuan City. Agusan De Villa Kananga Road. Saint Joseph Address Nofte

Juliet Concon S100 N. Marine Dr., #13 -- L. Chicago, H!inois

-and

Name of Homeowners. Association (HOA) TIN Address

Homeowners Association. Inc. Golden Maon Phase 5 Purok Cassava. Maon. Butuan City 8600

over the parcels of land described below. to wit:

Certificate of Title {TCT} Nos. Transfer Total Area (sq. m.) 20.154 7. 1 34 2.722 Ttansferred {sq. m.} 13. 154 Area Area of (sq. iu.) 13. 154 CMP Municipality of Butuan. Province of Agusan De! Barrio of Maon. Location Norte being a Community Mortgage Program (CMP). is not subjeet to capita! gains tax, and valuc- the transaction is subject to documentary stamp tax (DST) under Section 196 of the same added tax (VAT) pursuant to Section 32 (b) of Republic Act (RA) No. 7279. as amended by RA No. 1088+ (Balanced Housing Development Program Amendments) dated Juiy 17. 2016) and Section 109 (1) (P) of the National Internal Revenue Code of 1997. as amended. t Towever Code.

of' the land titles in the name of the buyer without the necessary certificate ot authority to shall not be construed as giving authority to the concerned Register of Deeds to ef fect transfer It is. however. understood that this Certificate of Tax Exemption is never intended and

I Shall be proportionately distributed to the association's qualified member-beneficiaries (See Annes)

93 6 8 - 2 0 1 9 GOLDEN MAON PHASE 5 HHMEOIVNERS ASSOCTATION HNC JU 32019

register issued by this Bureau. In this regard, this Certificate shall be presented to the Revenue - Registration (CAR). The CAR shall only be issued after the submission of the requirements District Office (RDO) concerned in order for the latter to issue the Certificate Authorizing provided under Revenue Memorandum Order (RMO) No. 15-2003.

actual occupants of the property transferred under the CMP are qualified beneficiaries and therefore, the seller is entitled to exemption from capital gains tax or income tax imposed under Sections 24 (D)(1) and/or 27 (D)(5) the National Internal Revenue Code of +997, as amended. The Bureau of futernal Revenue (BIR) shall conduct verification and post-audit that the

then this Certificate shall be considered nuill and void. and submitted. However, if upon investigation, the BiR ascertains that the facts are different. This Certificate is being issued on the basis of the facts and documents as represented

Issued this. day of 32019

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K-1-LM Commissioner of Internal Revenue CAESAR R. DULAY 026549