bir_ruling BIR Ruling No. 324-2022BIR Ruling No. 324-2022

BIR Ruling No. 324-2022

BUREAU OF INTERNAL REVENUE REPUBLICOF THE PHILIPPINES DEPARTMENT OF FINANCE

Quezon City

Certificate of Tax Exemption No. Ds - 24.2022

CERTIFICATEOF TAXEXEMPTION

TO ALL WHOM IT MAY CONCERN:

This certifies that the Deed of Donation dated March 1,2022,executed by

Name of Donor TIN Address

MARKETING CORP. D'GREAT HECATE 360 Clavel St., Brgy. 270 Zone 25,San Nicolas Manila 1010

in favor of:

Name of Donee TIN Address CITY GOVERNMENT OF VALENZUELA Mac Arthur Hi-Way,Karuhatan Valenzuela City 1440

covering the following property:

Transfer Certificate of Title No. (sq.m.) Area Area Doniated (sq.m.) Location

-11,642 1,170

being a gift in favor of a political subdivision of the Government is exempt from the payment of the donor's tax pursuant to Section 101 (A)(1) of the : ational Internal Reenue Code of 1997 (Tax Code), as amended.

stamp tax prescribed under Section 196 of i. Tax Code, as amended, but only to the documentary stamp tax imposed under Secticr. 188 of he same Code. Moreover, the Deed of Donation is likewise not subject to the documentary

ascertains that the facts are different, then this Certificate shall be considered null and documents as represented and submitted. void. Issued this This Certificate of Tax Exemption is being issted on the basis of the facts anc day of JUN 2 9 2022 Hewever.if upon investigationthe BIR

aexauy

K-I-JAC Comrnissioer of Internal Revenue CAESAR R.DULAY 052166

C

Renumbered by Republic Act No. 10963.

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