bir_ruling BIR Ruling No. 470-2017BIR Ruling No. 470-2017

BIR Ruling No. 470-2017

REPURUCOF THE PHII IPPINES

DEPARIMEN'T O HNANCE B BUREAU OF INTERNAL REVENUE

Qtiezon Gity

Certificate of Tax Exemption No:

CERTIFICATE OF TAX EXEMPTION

TO ALI. WHOM IT MAY CONCERN:

(3) of Republic Act No. 7279. otherwise known as the "Urban Development and Housing Act of 1992"- on its income received directly in connection with the construction/development of Socialized kots and housing units under the National Housing Authority (NHA)'s AFP/PNP Housing Program thru (ommunity Initiative Approach Program (CiAP). to wit: cngaged by the National Housing Authority (NHA). is exenpt from project-related income laxes. creditable withhotding tax and value added tax (VA T, pursuant to Sectton 20(d)(t) and this certitics that WOODFNDRAGON, tNC. (HN: J. an entity

Viflagio Homes San Manue! Project Name Naic. Cavite Brgy. Molino. Location No. Housing Units Subject ot Tax Fxemptiou Of 1,165 Socialized Association Inc.: PNP Housing Honeowners Association Ine "AFP Housing Homeowners Beneficiaries

Its gross receipts from the said socialized housing project. subiect to VAt. even if the said purchases are to be used for the socialized housing project. since V AT is an indirect tax which can be passed on hy the selter of the goods/serviees. It shall be understood that WOODENDRAGON, INC. must issae V A F-exempt officiat receipts on However, the purchases of goods/articles hy WOODENDRAGON, INC. shal! be

that the facts are different, then this Certiticate shall be considered null and void.t documents as represented and submitted. However, it upon investigation. the BIR ascertains This Certificate of Tax Exemption is being issted on the basis of the facts and

Issued this. - day of .2

1auay

Commissioner of Internat Revenuc CAESAR R. DULAY 1 009 443 K -

an aggregate area of 95,016 sq. m I To be developed/constructed on the parcels of land covered by TCT Nos. and with

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