BIR Ruling No. 457-2021

RHrUBlJC OF THF I'l IILIPl'INHS DHrARTMHN T OF F1NANC:E BUREAU OF INTERNAL REVENUE Quezon City Certificate of Tax Exemption No: CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT iVUY CONCEltN: (rpNNuNurHHsmAuAb)a?ne,t^tIlmoSo NS^ ee>xcetmiop.nt2fr0r(odm)(pir)ojteifctR-erip�eulbGaltueidzcmAiacntnc(oeRmCnoegAna)sgtatNexrdoeu.scb/7tyc2rie7todh9nie,,taaNwbsaiitateihomwnTiaatSlxhphbHaooylyfudesirinRgnIAgdteaNAnxtuoitfthiocCartWiitonyn (Balanced Housing Development Program Amendments)dated July 17,2016,on its income Qt ^ JP. constructioiVprocurement ofcompleted six(6)three Phii�p Low-RiseBuildings(LRBs)with 216socialized housing unitsin 1-Bataan Vlllaee 5 A? housing {project ofthe NHA located at Brgy. Daan Pare Orion Bataan Moreover the deliveryifthe said completed six(6)three(3)LRBs with 216socialized e NationalMInternableRevxenmupet4froodme(vTalauxeC-aodddee)dotfax1(99V7A,Tas)apmuernsudaendt,tporSoevcitdieodnth1a0t9t(h1e)s(ePll)iongf price thereof does notexceed A,199,200.00 per house and lot package; provided further thai beginning January01 2021,thfexemption from VATshall only apply tosaleofhouSlol and other residential dwellings- with selling price ofnot more than P3.199 700 oh 3 However,the purchases ofgoods/articles by L.R.De Guzman Construction shall be subject to VAT,even ifthe sail1d purchases are to be used for the socialized housing project, since VAT is an indirect tax whiich can be passed on by the seller ofthe goods/services.It shall be understood that L.R. De Guzman Construction must issue VAT-exempt official receipts on its gross receipts from the said socialized housing project. L"rthermore,the sale/transfer by the Landowner/sto the Municipality6fOrion,Bataan over the parcels ofland described below,to wit: f otuddn. Date of Name of Landou ner/s Transfer Area Area Location Sale Certificate of Transferred Ramon Jayme; Ramon Gonzalez Title(TCTJ (Sq. m.) Orion. - Jayme,Jr.; Joseph Gonzaiez Jayme; (Sq. m.) Bataan and Samuel Patrick(jonzaicz 27,417 27,417-' Jayme, married to Priska Kaspar Jayme ' Hagong Pag-asa 1loineowners Associalioa inc. 'Sale oflot only,regardless ofthe price.shall be subject to VAT starting January 01,2021 pursuant to RA No. 10963. As adjusted using the 2010 Consumer Pifiice Index values per Revenue Regulations(RR)No.8-2021 dated June 11 20^1 No sale yet but pursuant to Civil Case No. 10498,Municipality ofOrion,as Plaintiff, vs. Ramon Jayme,.Ramon G.Jayme. Jr.,Joseph G.Jayme,Samuel Partick(sic9Jayme,as Defendants,the Regional Trial Court ofBataan, fhird Judicial Region, Branch 3, Balanga City, ordered the Blefendants or their authorized representative to execute a deed of sale and shall surrender all documents and papers to efleet tlie transfer ofthe 27.417 square meters in tlie name ofthe Plaintiff. r