BIR Ruling No. 337-2019

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHIL!PPINES DEPARTMENT OF FINANCE

Quezon City

Certificate of Tax Exemption No: 0 3 3 7 - Z 0 1"g

CERTIFICATE OF TAX EXEMPTION

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

20 of Republic Act (RA) No. 7279 and Section 109(1)(P) of the 1997 Tax Code, as amended. which shall be used for the Vilia De Adelaida Homes, with 1,270 developed iots/housing units. located in Brgy. Halang. Naic, Cavite, a socialized housing project of the NHA through its withholding tax, value-added tax and documentary stamp tax pursuant to Sections 19 and Community Initiative Approach Program (CiAP), is not subject to capital gains tax/creditable Absolute May 3. May 3 May 3. Deed of May 3. May 3. Date of May 3. 2018 May.? 2018 2018 2018 2018 2018 2018 Sale Constancio S. Telmo, Jr. Mercurio G. Villanueva Juanito S. Telmo? Policarpio B Mario M. Jose c. Consumo Ambat Nemencio B. Mojica Villanueva. Landowners Name of Transfer Certificate jAggregate of Titie Nos. Area (sq. 20.444 13.997 13.404 23.636 2,664 9, 15 8,191 m.) Transferred 20,444 13.997 23,636 13.404 2,664 8,191 9 15 Area +. Rom. Halang. I/ Halang, Naic. Brgy. Palangue Brgy. Halang. Brgy. Palangue I, Naic, Cavite Brgy. Halang/ Brgy. Halang. Brgy. Halang. Naic, Cavite Naic, Cavite Naic. Cavite Naic, Cavite Naic, Cavite Property/ies Palangue i, Location of Cavite

effect transfer of the land titles in the name of the NHA without the Certificate Authorizing 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. 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 It is. however. understood that this Certificate of Tax Exemption (CTE) is never

2 Represented by Constancio S. Telmo. Jr. ? Represented by Constancio S. Teimo. Jr. 4 Represented by Constancio S. Telmo. Jr. : Represented by: Constancio S. Telimo. Jr.

Page 2 of.2 The One Dynamic Three Realty & Dev't Corp. Date issued_IUN 0 4 2019 CTE No. 0337-2019

be applied or are being applied to a socialized housing project pursuant to RA 7279. the Register of Deeds having jurisdiction over the properties, to the effect that the same are to Upon application for exemption, a lien on the titles of the lands 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 JUN 0 4 2019

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K-1 Commissioner of Internal Revenue CAESAR R.DULAY 025992