BIR Ruling No. 467-2020

REPUBLIC OF THE PHILIPPINES

An BUREAU OE INTERNAL REVENUE DEPARTMENT OF FINANCE Quezon City

Certificate of Tax Exemption No. CMP-0467-2020

CERTIFICATE OF TAX EXEMPTION

issued to

Name of Seller TIN Address

E. RODRIGUEZ, INC 360 W Burke St., Escolta, Manila

-and

Name of Homeowners Association (HOA) TIN Address

HOMEOWNERS' ASSOCIATION, INC. RODRIGUEZ COMPOUND PHASE I! Avenue, Rosario, Pasig City 1609 Rodriguez Compound, Jenny's

February 21, 201 9, over the parcel of land described below, to wit; This certifies that the Deed of Absolute Sale entered by the Seller and the HOA, dated

Transfer CertificateTotal Area|Transferred Area of CMP of Title No. (sq.m.) (sq.m.) (sq.m.) Location

Jenny's Avenue, Rosario, Pasig City

transaction is, however, subject to documentary stamp tax under Section 196 of the 1997 Tax Code, being a Community Mortgage Program (CMP), is not subject to capital gains tax pursuant to Section 32 (b) of Republic Act (RA) No. 7279, or the Urban Development and Housing Act of 1992. The

as amended.

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

is entitled to exemption from capital gains tax or income tax imposed under Sections 24 (D)(1) and/or occupants of the property transferred under the CMP are qualified beneficiaries and therefore, the seller 27 (D)(5) of the 1997 Tax Code.as amended. The Bureau of Internal Revenue (BIR) shall conduct verification and post-audit that the actual

submitted. However, if upon investigation. the BIR ascertains that the facts are different. then thi This Certificate is being issued on the basis of the facts and documents as represented and

Certificate shall be considered null and void.

Issued this day of AUG 1 8 2020

1asa1e

Commissioner of Internal Revenue CAESAR R.DULAY

K-I-JAC 036384