BIR Ruling No. 457-2020

REPUBLICOF THE PHILIPPINES

DEPARTMENT OF FINANCE

BUREAU OF INTERNAL REVENUE

Quezon City

Certificate of Tax Exemption No.

DT-057-2020

CERTIFICATE OF TAX EXEMPTION

issued to

RICO G.BERSAMIN m/t Amelia Karingal

#9 Maroon Cove: St., Ayala Southvale Village Sonera, Las Pinas City 1750

TIN:

This certifies that the Deed of Donation dated October 18, 201'8 executed by RICO

G. BERSAMIN m/t Amelia Karingal in favor of:

Roman Catholic Bishop of Antipolo, Inc. Name of Donee TIN Chancery Office Mater Dei Formation Center, Antipolo City Address

covering the following property;

TCT No. Property Kind of Area Donated (sq.m.) Location

Land Sitio Ibabaw, Dulumbayan, Teresa, Rizal

being a gift in favor of a religious corporation is exempt from the payment of the donor's tax

pursuant to Section 101 (A)(2)' of the Tax Code of 1997, as amended, subject.to the condition

that not more than thirty percent (30%) of said gift shall be used by the donee for

administration purposes.

Moreover, Section 185 of Regulations No. 26, otherwise known :as .the Revised

Documentary Stamp Tax Regulations, implementing Title VIl of the Tax Code of the 1997,

as amended, provides that conveyances of realties not in connection with a sale, to trustees or

other persons, without consideration are not taxable. Accordingly, the Deeds of Donation are

likewise not subject to the documentary stamp tax prescribed under Section 196 of the Tax

Code of 1997jas amended.but only to the docu y.stamp tax of P30.00 imposed under

S the same

bcuinents he different oresentel T0Au then thisCer nd subm cate shall lowever Isidered nuil and voil investigai on the Hbasisloi he ascertains Facts and

a

CAESAR R.DULAY

Commissioner of Internal Revenue

K 036324

Renambered by Republic Act No. 10963 or the TRAIN Law.