BIR Ruling No. 426-2017

REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE

Quezon City

Certificate of Tax Exemption No: 426-2017

CERTIFICATE OF TAX EXEMPTION

This certifies that the Deed ot Absolute Sale dated June 28. 2016 cxecuted by and between PETARD INC. (TIN: over the parcels of land described below. to wit: ) and the National Housing Authority (NHA)

Landowner Petard, Inc. Petard. Inc. Petard. Inc. Petard, Inc. Petard, Inc. Petard, Inc. Petard, Inc. Petard. Inc. Name of Certificate of Tit!e Transfer (sq.m.) Area 34,162 (9065 2.06 2.882 2.010 T.948 2.044 2.163 1.989 Transferred (sqn. 34.162 19.065 2.882 2.1 (3 Yrea 2.010 2.044 2h 1.948 1. 89 Brgy. Panghulo, Malabon City Brgy. Panghuto. Malabon City Brgy. Panghulo. Malabon City Brgy. Panghulo. Malabon City Brgy.. Fanghulo. Malabon City Brgy. Panghulo. Matabon City Brgy. Panghulo, Malabon City Brgy. Panghulo. Malabon City Location of Properties

housing developmcnt and resettlement program of the NHA are not subieet to capital gains tax/expanded withholding tax and documentary stamp tax pursuant to Sections 19 and 20 of which shall be used for the development and implementation of a comprehensive and integrated

Republic Act (RA) No.7279

intended and shall not be construed as giv ing authority to the concerncd Register of Deeds to Revenue District Office (RDO) concerned in order for the Iatter to issue the CAR. effect transfer of the land tities im the name of the buver without the Certificate Authorizing Registration (CAR) issued by this Bureau. In this regard. this ( TE shall be presented to the It is, however, understood that this Certificate of Tax Exemption (C'TE) is never

applied or are being applied to socialized housing project pursuant to RA No. 72'79. Register of Deeds having jurisaictior: over the properties. to the efiect that the sane are to be Upon application for exemption. a lien on the titie ot the lands shall be annotated by the

this Certificate shall be considered nall anc vcid. submitted. However. if upon investigation. the BiR asecrtains that the facts are different. then This CTE is being issued on the basis of the faets and documents as represented and

Issued this day of T

K-I-RFR Comnissioner of Internal Revenue CAESAE R. DULAY

CELIA C.KING D Cu c