BIR Ruling No. 458-2020

1 REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE

BUREAU OF INTERNAL REVENUE

Quezon City

D

Certificate of Tax Exemption No. DT-58-7A2

CERTIFICATE OF TAX EXEMPTION

issued to

MUNICIPALITY OF CABATUAN

TIN: Cabanatuan, Iloilo

executed by Hon. Ronilo O. Caspe, Municapal Mayor, Cabatuan, Iloilo, in favor of: This certifies that the donation under the Deed of Donation dated February 05, 2018.

PHILIPPINE NATIONAL Name of Donee POLICE TIN Cabatuan Municipal Station, Cabatuan, Iloilo Address

covering the following property:

Transfer Certificate Area Area Donated Location

of Title No. (sq.m.) (sq.m.)

Brgy. Poblacion, Cabatuan, Iloilo

being a donation in favor of a National Agency of the Government, is exempt from the payment of the donor's tax pursuant to Section 101 (A)(1) of the National Internal Revenue Code of 1997, as amended.

Moreover, transfers exempt from donor's tax under Section 101(a) and (b) of Tax Code of 1997, as amended, shall be exempt from the tax imposed under section 196 of the same Code. Accordingly, the Deed of Donation is likewise not subject to the documentary stamp tax prescribed under Section 196 of the Tax Code of 1997, as amended, but only to the documentary stamp tax of P30.00 imposed under Section 188 of the National Internal Revenue Code of 1997, amended by R.A No. 10963 or TRAIN Law.

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

Issued this day of AUG 1 8 2020

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K-1-JAC Commissioner of Internal Revenue CAESAR R.DULAY 036391 Q

Previously Section 101(A)(2). Renumbered by R.A.No.10963 or TRAIN Law.