BIR Ruling No. 326-2016

BUREAU OF INTERNAL REVENUE REPUBLICOPTHE PHILIPPINES DEPARTMFNT OF FINANCE

Quezon City

Sec 101A2of the TaxCode of1997

BIR Ruling No.300- BIR Ruling No.175-1 BIR Ruling No.387-11

#326-2016 6-29-2016

Interim Fixed Assets Management and Control Division GENERAL SERVICES DEPARTMENT Local Government of Quezon City Elliptical Road. Diliman. Quezon City

Attention: ROLANDO P.MONTIEL

City Government Department Head III

Official Property Custodian

Gentlemen:

payments of Donors tax and Documentary Stamp Tax for real property donated by Roberto Apo in favor of Quezon City Government. This refers to your letter dated July 10.2014 requesting exemption from the

Lot 960-D-4-B-1LRC Psd-120821.LRC Rec.No.5975covered by Transfer 2014,a Deed of Donation and Acceptance was executed by Roberto Apo. through his parcel of land (road lot with an area of thirty two square meters (32 sq.m. and identified as Lot 960-D-4-B-1-D of the subdn. plan Psd-00-049353. being a portion of Quezon City situated in Barangay Tandang Sora. Quezon City: that on February 3. duly appointed Attorney-in-Fact, Rosalyn V.Apo. donating the subject property the donee as represented by City Mayor Herbert M.Bautista. Certificate of TitleTCT No. Road Lot to the Quezon City Government.In compliance with the provisions of Presidential Decree (PD Nos.957 and 1216: and that the donation was accepted by Documents submitted disclosed that Robeto Apo is the registered owner of a issued by the Registry of Deeds for the

1997, as amended. gifts made to or for the use of the National Government or any entity created by any of its agencies which is not conducted for profit. or to any political subdivision of the Government are exempt from donor's tax In replyplease be informed that under Section 101(A)2 of the Tax Code of

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Considering that the above donation was made by the registered owner. Robert

Apo, in favor of Quezon City Government, a political subdivision of the Government.

it is exempt from donor's tax.BIR Ruling No.175-11 dated May 27,2011

Moreover, the Deed of Donation is not subject to documentary stamp tax.

However. the acknowledgment on said deed is subject to the documentary stamp tax

of P15.00 imposed under Section 188 of the Tax Code of 1997, as amended. (BIR

Ruling No.387-11 dated October 18,2011 and BIR Ruling No.300-11 dated May 12

2011

This ruling is being issued on the basis of the foregoing facts as represented.

However. if upon investigation it will be disclosed that the facts are different. then

this ruling shall be considered null and void.

Very truly yours.

KIM S.JACINTO-HENARES Commissioner of Internal Revenue

K-1-JRC 04236

JUN 2 4 2016