BIR Ruling No. 377-2021

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPTINES DEPARTMENT OF FINANCE

Quezon City

Certificate of Tax Exemption No D-

CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN:

by: This certifies that the donation under the Deed of Donation dated July 16, 2018, executed

Name of Donor Henry Sy, Sr. TIN Address

in favor of:

Henry Sy Foundation, Inc! Name of Donee TIN 6752. Ayala Avenue, Makati 10/F L.V. Locsin Building. Address City

the condition that not more than thirty percent (30%) of said gift shall be used by the donee for covering the amount of Three Hundred Fifty Million Pesos (Php350.000.000.00). being a gift in favor of a charitable institution is exempt from the payment of the donor's tax pursuant to Section administration purposes. 101 (A)(2)' of the National Internal Revenue Code (Tax Code) of 1997. as amended, subject to

imposed under Section 188 Tax Code of 1997."as amended by Republic Act (RA) No. 10963 or TRAIN Law: However. the Deed of Donation is subject to documentary stamp tax (DST) of P30.00

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. This Certificate of Tax Exemption is being issued on the basis of the facts and documents

Issued this. day of OCT 1 21

A W80A

Commissioner of Internal Revenue CAESAR R. DULAY

d; 1 5 24

1 Renumbered by Republic Act No. 10963.