BIR Ruling No. 658-2020

REPUBLIC OF THE PHILIPPINES

DEPARTMENTOF FINANCE

BUREAU OF INTERNAL REVENUE

Certificate of Tax Exemption No: NSH-n658-2Q20

CERTIFICATE OF TAX EXEMPTION

This certifies that the Deeds of Absolute Sale (DOAS) executed by Gregorio

described below, to wit; Evangelista III and the National Housing Authority (NHA) over the parcels of land

Date of DOAS July 17,2020 April 27, 2018 Evangelista III Landowner Gregorio Name of Certificate of Title Nos. Transfer Area (sq. Aggregate m.) per TCT Transferred Utilization for NHA Area Property/ies Dumangas, Location of Lublub, Brgy: Ioilo

under its Typhoon Permanent Housing Program, to be undertaken by Bilrey Construction is which shall be used for the PDMN People's Village 1 & 2, consisting of 1,023 housing units, not subject to capital gains tax/creditable withholding tax, documentary stamp tax and located at Brgy. Lublub, Dumangas Site 3 & 4, Iloilo, a socialized housing project of the NHA value-added tax pursuant to Sections 19 and 20 of Republic Act (RA) No. 7279 and Section 109(1)(P) of the 1997 Tax Code, as amended.

documentary requirements_provided under RMO No. 15-2003, shall "be presented to the Revenue District Office (RDO) concerned in order for the latter to issue the CAR. effect transfer of the land title in the name of the NHA without the Certificate Authorizing Registration (CAR) issued by this Bureau. In this regard, this CTE, together with the intended and shall not be construed as giving authority to the concerned Register of Deeds to It is, however, understood that this Certificate of Tax Exemption (CTE) is never

applied or is being applied to a socialized housing project pursuant to RA 7279. Register of Deeds having jurisdiction over the property, to the effect that the same is to be Upon application for exemption, a lien on the title of the land shall be annotated by the

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

Issued this day of DEC 2 2029

K- Commissioner of Internal Revenue 1eesa CAESAR R.DULAY 038164 Q

1 Previously, TCT No. 2 Lot q.m.), Lot (70 sq.m.) and Lot sq.m.)