bir_ruling BIR Ruling No. 639-2020BIR Ruling No. 639-2020

BIR Ruling No. 639-2020

REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon City

Certificate of Tax Exemption No:

NSH-0639-02

CERTIFICATE OF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

Landowners and the National Housing Authority (NHA) over the parcel of land described below, to wit: This certifies that the Deed of Absolute Sale (DOAS) executed by and between the

February 14, 2019 Date 2. Maria Gloria M. Cayanong. 1.Virginita M. Beltran, married married to Pablo Cayanong, Jr. to Rodolfo D. Beltran Name of Landowners Certificate of Title (OCT) Original (Sq. m.) Area Transferred (Sq. m.) Area Dulag, Leyte Location Brgy. San Antonio,

which shall be used for the Dulag Town Ville Housing Project, a socialized housing project Development Corporation, is not subject to capital gains tax/income tax/creditable withholding tax, documentary stamp tax (DST) and value-added tax (VAT) pursuant to Sections 19 and 20 of Republic Act (RA) No.7279 and Section 109 (1) (P) of the Tax Code of of the NHA under its Yolanda Permanent Housing Program, consisting of 1, 180' housing units, located at Brgy. San Antonio, Dulag, Leyte, to be undertaken by Goldenville Realty and 1997, as amended.

the documentary requirements' provided under Revenue Memorandum Order (RMO) No. latter to issue the CAR. 15-2003, shall be presented to the Revenue District Office (RDO) concerned in order for the intended and shall not be construed as giving authority to the concerned Register of Deeds (RD) to effect transfer of the land title in the name of the NHA without the necessary Certificate Authorizing Registration (CAR) issued by this Bureau. In this regard, this CTE, together with It is, however, understood that this Certificate of Tax Exemption (CTE) is never

concerned RD 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 No. 7279. Upon application for exemption, a lien on the title of the land shall be annotated by the

this Certificate shall be considered null and void. submitted. However, if upon investigation, the BIR ascertains that the facts are different, then This CTE is being issued on the basis of the facts and documents as represented and

Issued this day of_NOV 1 9 2020

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AKI-LMAT Commissioner of Internal Revenue CAESAR R. DULAY 037911 2

Dulag Town Ville Phase I (500 housing units), Dulag Town Ville Phase 2 (340 housing units), and Dulag Town Ville Phase 3 (340 housing units)

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