BIR Ruling No. 373-2019

REPUBLIC OF THE PHILIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE

Quezon City

Certificate of Tax Exemption No. 0373 - 201 3

CERTIFICATE OF TAX EXEMPTION

issued to

Name of Seller TIN Address CACCOZ REALTY MANAGEMENT & DEVELOPMENTCORPORATION -and- T864 E Progreso St., Guadalupe Viejo, Makati City !210

Namc of Homeowners Association (HOA) TIN Address

HOLY GRACE VILLE HOMEOWNERS ASSOCIATION INC. Manggahan Putatan, Muntinlupa City, 4 District 1772

04, 20! 8, over the parcel of land described betow, to wit; This certifies that the Deed of Absolute Sale entered by the Seller and the H IOA, dated October

Transfer Certificate]Total Area {Transferred[Area of CMP of Title No. (sg.m.) (sq.m.) (sq.m.) Location

5,254 4.996 4.996 Brgy. Putatan, Muntintupa City

being a Community Mortgage Program (CMP), is not subject to capital gains (ax pursuant to Section transaction is, however, subject to docunentary stamp tax under Section 196 of the 1997 Tax Code, as amended. 32 (b) of Repubiic Act (RA) No. 7279, or the Urban Development and t(ousing Act of +992. The

not be construed as giving authority to the concerned Register of Deeds to effect transfer of the land Bureau. In this regard, this Certificate shall be presented to the Revenue District Office (RDO) concerned in order for the latter to issue the Certificate Authorizing Registration (CAR). The CAR shail title in the name of ihe buyer without the necessary certificate of authority to register issted by this only be issued after the submission of the requirements provided under Revenue Memorandum Order (RMO) No. 15-2003. It is, however, understood that this Certificate of Tax Exemption is never intended and shall

is entitled to exemption from capital gains tax or income tax imposed under Sections 24 (D)( 1) and/or 27 (D(5) of the (997 Tax Code. as amended. occupants of the property transferred under the CMP are qualified beneficiaries and therefore, the seller The Bureau of Internal Revenue (BIR) shall conduct verification and post-audit that the actuat

Certificate shall be cousidered null and void. Submitted. However, if upon investigation, the BiR ascertains that the facts are different. then this This Certificate is being issued on the basis of the facts and documents as represented and

Issued this day of JUL 0 3 2019

Coumissioner of Internal Revenue CAESAR R. DULA

K. 02655.0