BIR Ruling No. 459-2020

REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE

Quezon City

Certificate of Tax Exemption No. DT-0459-2020

CERTIFICATE OF TAXEXEMPTON

issued to

PIONEER VENTURES,INC Ciudades, Mandug, Davao City 8000 TIN:

March 01, 2018, executed by PIONEER VENTURES, INC. in favor of: . This certifies that the donation under the Deed of Donation dated

Name of Donee TIN Address

PHILIPPINE ARMY Headquarters 1Oth Infantry Division, CGMTY Sr., Brgy. Tuboran.

Mawab, Compostella Valley

covering the following property:

Transfer Certificate of Title No. (sq.m.) 19,700 Area Area Donated (sq.m.) 19,700 Buhangin: Manuel M. Garcia Location Road

being a gift in favor of an agency of the National Government institution is exempt of said gift shall be used by the donee for administration purposes. of 1997, as amended, subject to the condition that not more than thirty percent (30%) from the payment of the donor's tax pursuant to Section 101 (A)(1) of the Tax Code

Moreover, Section 196 of the Tax Code of 1997, as amended, provides that transfers exempt from donor's tax under Section 101 (a) and (b) of the same Code shall be exempt from the documentary stamp tax imposed under said Section.

documentary stamp tax of P30.00 imposed under Section 188 of the same Code, as amended by Republic Act No. 10963 or the TRAIN Law. prescribed under Section 196 of the 1997 Tax Code, as amended, but only to the Accordingly, the Deed of Donation is not subject to the documentary stamp tax

This Certificate of Tax Exemption is being issued on the basis of the facts and documen'ts 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.

Issued this day of AUG 1B 2020

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Commissioner of Internal Revenue CAESAR R.DULAY

K-1-JAC 036403 G

Renumbered by Republic Act No.10963.