BIR Ruling No. 356-2018

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE Quezon City

Certificat . Iax Exemption No:

CERTIFICATE OF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

of Hotel for a period of four (4) years beginning from January 2016 or actual start of 2-98, as amended. City, Palawan, a project duly registered with the Board of Investments (BOI) under commercial operations, whichever is earlier, but in no case earlier than the date of registration of the project with the BOI, pursuant to Executive Order No. 226, otherwise known as the "Omnibus Investments Code of 1987" and Section 2.57.5 (B)(2) of Revenue Regulations No. attributable to the revenue generated from tourism-related activities of the registered project Best Western The Ivy Wall Hotei, Rizal Avenue, Barangay Bancao Bancao, Puerto Princesa Registration No. is exempt from income tax and creditable withholding tax on its income directly This certifies that DATA LAND INC., with Tax Identification Number dated October 6, 2015, on a non-pioneer status as a New Operator

applicable BIR rules and regulations and the Terms and Conditions stated at the back hereof. The Company is liable, however, to all other applicable taxes not enumerated above. The grant of tax exemption herein is subject to the compliance with the provisions of

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

Issued this day of MAR 0 8 2018

K-1-MCUS Commissioner of Internal Revenu CAESAR R. DULAY 01472