BIR Ruling No. 645-2020

REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE

Certificate of Tax Exemption No: NSH-1645-2020

CERTIFICATE OF TAX EXEMPTION

described below, to wit; Development Corp.' and the National Housing Authority (NHA) over the parcels of land This certifies that the Deed of Conveyance executed by St. Louise Prime Builders and

Date of Deed Conveyance of Landowner Name of Certificate of Title Transfer Nos. Aggregate Area (sq. m.) per Transferred for NHA Area Property/ies Location of

TCT Utilization

May 21,2020 Jessfer de Jesus Herminigildo Eliseo Rupido Panganiban Edmundo Santos, Jr. Alcantara Severino Marquez Santiago Marquez Sismaet Rodolfo Rodolfo Santos Calubcob, Cavite Naic, Brgy.

Fiorello Estuar Marquez Virgilio

Fiorello Estuar

beneficiaries of informal settler families affected by the 8.2 Segment Project of the Department (RA) No. 7279 and Section 109(1)(P) of the 1997 Tax Code, as amended. of the NHA under its Community-Based Initiative Approach, intended for the qualified of Public Works and Highways (DPWH), to be undertaken by St. Louise Prime Builders & documentary stamp tax and value-added tax pursuant to Sections 19 and 20 of Republic Act which shall be used for the Parkstone Estates, consisting of.2,300 developed lots and completed housing units, located at Brgy. Calubcob, Naic, Cavite, a socialized housing project Development Corp. is not subject to capital gains tax/creditable withholding tax,

intended and shall not be construed as giving authority to the concerned Register of Deeds to Registration (CAR) issued by this Bureau. In this regard, this CTE, together with the effect transfer of the land titles in the name of the NHA without the Certificate Authorizing It is, however, understood that this Certificate of Tax Exemption (CTE) is never

2 2 Subject to NHA Certification as to the actual area being utized for the socialized housing project. 1 With Special Power of Attorney executed by the landowners

St. Louise Prime Builders & Development Corp CTENo. NH - J 8 4 5 - 2 0 2 0

Page 2 of 2. Date issued 0EC 12020

documentary requirements provided under RMO No. 15-2003, Shall be presented to the Revenue District Office (RDO) concerned in order for the latter to issue the CAR.

. the Register of Deeds having jurisdiction over the property, to the effect that the same are to be applied or are being applied to a socialized housing project pursuant to RA 7279. Upon application for exemption, a lien on the titles of the land shall be annotated by

documents as 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

Issued this day of DEC 0 1 2020

1eesauea

CAESAR R. DULAY

K-l Commissioner of Internal Revenue 038061