BIR Ruling No. 8-2018

REPUBLICOF THE PHILIPPINES

DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon City

Certificate of Tax Exemption No: o

CERTIFICATE OF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

This certifies that the MUNICIPALITY OF MARIKINA is exempt from donor's

tax/capital gains tax on its conveyance/award of a parcel of land covered by Transfer Certificate

of Title No. situated in Apitong Street, Marikina Heights, Marikina City, with an area

of now subdivided into lots per Municipal Ordinance No., series of 1988, of

then Municipal Council of Marikina, intended for the actual occupants/awardees thereof, in

accordance with the former's "Land for the Landless Program" and/or "Zonal Improvement

Program.

The conveyance/award is, likewise, not subject to the documentary stamp tax pursuant

to Revenue Regulations No. I1-97.

It is understood that this Certificate of Tax Exemption (CTE) is never intended, and

shall not be construed, as giving authority to the concerned Register of Deeds to effect transfer

of the land titles in the name of the awardees without the necessary Certificate Authorizing

Registration (CAR) issued by this Bureau. In this regard, this CTE shall be presented to the

Revenue District Office (RDO) concerned in order for the latter to issue the CAR.

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 JAN 10.2018

e v

CAESAR R. DULAY

Commissioner of Internal Revenue 012482

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