BIR Ruling No. 338-2018

TERS REPUBLIC OF THE PHILIPPINES G DEPARTMENT OF FINANCE

BUREAU OF INTERNAL REVENUE

Quezon City ILIP Certificate of Tax Exemption No. 338-2018

CERTIFICATE OF TAX EXEMPTION

issued to

910 Reina Regente, Binondo, Manila 1006234 D. Jakosaiem St., Cebu City ROMAN CATHOLIC ARCHBISHOP OF CEBU- MOST REV. JOSE S. PALMA, DD. TIN:

October 19, 2014 executed by the ROMAN CATHOLIC ARCHBISHOP OF DD. in favor of: CEBU- MOST REV. JOSE S. PALMA, DD., represented by Most Rev. Jose S. Paima, This certifies that donation under the Deed of Donation dated

Redemptorist Vismin Name of Donee Church, Inc. TIN General Maxilom Avenue, Cebu City Address

covering the following property;

Certificate of Title Transfer (sg.m.) 7,920 Area Area Donated (sq.m. 7, 920 Busay , Cebu City Location

1,236 1,236 Lahug, Cebu City

823 823 Kamputhaw, Cebu City

15,215 10,174 4.061 3. 867 1,529 2,195 92 : 10,174 15,215 1,529 3,867 2,195 4,061 952 Pagsabungan, Mandaue Kamputhaw, Cebu City Pagsabungan, Mandaue Pagsabungan, Mandaue Babag, Cebu City Cebu City Cebu City City City City

3,491 3,491 Kamputhaw, Cebu City 15,650 15,650 Kamputhaw, Cebu City. 42. 532 325 42, 532 325 Lahug, Cebu City Nivel, Cebu City 21,192 21,192 Nivel, Cebu City

at the back of the Transfer Certificates of Title because failure to comply with said to the condition that not more than thirty percent (30%) of said gift shall be used by the donee for administration purposes. The Register of Deeds shall annotate such condition condition shall subject the donation to donor's tax. being a donation in favor of a religious corporation is exempt from the payment of the donor's tax pursuant to Section 101 (A)(3) of the Tax Code of 1997, as amended, subject

Section 196 of the Tax Code of 1997, as amended, but only to the documentary stamp to trustees or other persons without consideration are not taxable. Accordingly, the Deed of Donation is iikewise not subject to the documentary stamp tax prescribed under tax of P15.00 imposed under Section I 88 of the same Code. Documentary Stamp Tax Regulations, implementing Title VII of the Tax Code of the 1997. as amended, provides that conveyances of realties not in connection with a sale. Moreover, Section 185 of Regulations No. 26, otherwise known as the Revised

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

Issued this dy of. MAR 2018

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Ke Commissioner of Internal Revenue CAESAR R. DULAY H 014062