BIR Ruling No. 363-2018

REPUBLICOF THE PHILIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE Quezon City

Certificate of Tax Exemption No: 363-2018

CERTHFICATE OF TAX EXEMPTION

to wit: the City of Manila represented by Mayor Jose L. Atienza Jr., over the parcel of land described below. the Land owners named below, represented by Edelwina De Guia-Parungao and Erlinda De Guia, and This certifies that the Deeds of Absolute Sale, dated August 25, 2003, executed by and between

of Title No. Certificate Transfer Ednora S. De Guia-Franco Elena B. De Guia Ma. Cecilia C. De Guia Emmanuel N. De Guia Edelwina De Guia Parungao Erlindo S. De Guia, Jr. Dina De Guia Ramiro Sanchez De Guia Erlinda Sanchez De Guia Teodora De Guia-Timario Ronaldo C. De Guia Raymond C. De Guia Eunilo N. De Guia Egidio N. De Guia Ermelo N. De Guia Landowners Name of TN Owned (sc. m.) Area Transferred (sq. m.) Area Tondo District, City of Manila the Property Location of Brgy. 086 Zone 007. :

the actual consideration of the sale. the City Council of Manila, for the benefit of the qualified members/families' of community association. gains tax pursuant to Section 32 (b) of Republic Act (RA) No. 7279. The transaction is, however, subject to documentary stamp tax under Section 196 of the 1997 Tax Code, as amended, based on which shall be used for socialized housing by FRAMACEDA TENANTS ASSOCIATION,INC., with registered address at 605 Dandan St., Tondo, Manila, through the Ordinance No. 7833 enacted by under the Land-for-the-Landless Program .of the City Government of Manila, is not subject to capital

issued by this Bureau. In this regard, this CTE shall be presented to the Revenue District Office (RDO) concerned in order for the latter to issue the CAR. shall not be construed as giving authority to the concerned Register of Deeds to effect transfer of the land title in the name of the City of Manila without the Certificate Authorizing Registration (CAR) It is, however, understood that this Certificate of Tax Exemption (CTE) is never intended and

of Deeds having jurisdiction over the properties, to the effect that the same are to be applied or are being applied to a socialized housing project pursuant to RA No. 7279. Upon application for exemption, a lien on the title of the land shall be annotated by the Register a'+

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 documents as

Issued this day of MAR 0 8.2018

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K-1-JAC Commissioner of Internal Revenue CAESAR R. DULAY 014208