bir_ruling BIR Ruling No. 468-2017BIR Ruling No. 468-2017

BIR Ruling No. 468-2017

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AIOFINERNARF. DHP RTAINTOYHNANCE (T: ...Itly

C +rfeate of tax t --mpt: I

CFETIFICATFOFTAPXFNIPIION

TO ALL WHOM IT MAY CONCERN:

(NHA). is exempt from project-retated income taxes. creditable wihholding tax. and value added tax (VAT). pursuant to Section 20 {d} (!) and (3: ot Republie .Yet 1RA) \o. 7279) received directly in connection with the construetion devekopment ot socialized lots and housing units under the NHA's AFP/PNP Housing Progr:m through the Community Initiative COMPANY (TIN: otherwise known as the "Urhan Devclopment and Housing Att ot 1o92". on hs income Approach Program ((IAP). to wit: This cenifies thatLC. UYECIO CONSIRUCTION AND DFVELOPMENT an enity engaged by the National Housing Authorit

Project Name Pf.using Pr>ject ViHa De Pio HP{XP Brey. San Miguel. Sto. roms. Location Bang.ts So. of Sociatized Housing I'nits Subiect of Tay Exemption I? Yssociation Ine. and P\P Housing Hknavrer, Nssehton. (c. Arp tousing koneos aers. Beneficiaries

used tor the sociatized housing project. since"VAT is an indirect tax which san he passed t by the seiler of the goods serv iees. CONSTRUCTJON AND DEVELOPMENT COMPANY must issue VA i-eXcmpt officia] receipts on its gross receipis from the said soeialived housing preject. DFVELOPMENT COMPANY sha!{ be suhiect to VAT. even if the said purehases are uo he However. the purchases of goods articles by J.C.UYFCIO CONSTR{ CTIONxND [t shall he understoed that C. t'YECIO

the Register of Deeds having jurisdiction over the properties. to the etfect that the same are to be applied or are being appiied to a Socialized housing project rursuant to RA 7279. Upon applieation for exempiion. a fien on the titles of the lands shall be annotated by

this Certificate shall he considered null and void. Submitted. However. it upon investigation. the BiR aseertains that the facts are diflerent. then This CTE is being issued on the basis ot' the facts and documents as represented and

Issued this day or SEF

tA-1-[147 Commisstoner of Internal Revenus CAESAR R. DULAY 009440

Please we Nnne> -y" +or the Hst o benetcraries tonsisting u St paees I hopeo and eensituetd on thre a)ne sy. u. portion o tie paresk nt rant coe'ee by t n y N. siti: ar: sgeregate arei ol 76.781 sq.m

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