BIR Ruling No. 486-2017

REPUBLIC OF THF PHILIPPINES

DEPARIMENT OF FINANCE BUREAU OF INTERNAL REVENUE

Quezon City

Certificate of Tax Exemption No: 485-2017

CERTIFICATE OF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

Housing Program. to wit: name of Romeo Reyes Aniciete (TIN: withholding tax and value addcd tax (VA'l), pursuant to Section 20 (d)(1) and (3) of Republic of socialized housing units under the National Housing Authority (NH A)'s Yolanda Permanent Housing Authority (NHA). is excmpt from proicet-related income taxes, creditable Act No. 7279. on its income reccived dirccily in connection with the construction/developmcnt This certifies that ARR CONSTRUCTION, a sole proprietorship registered under the ), and engaged by the National

Sites 3 & 4 New Washington Resettlement Project Name Brgy. Fatima. Ak!an New Washington. Location No.of SocializedDate of Notice Exemption Subject Housing r.000 (house and) (ot package) Of Units Tax of Award November 3. 2016 Contract April 27. Date of 2017 Contract Price

to VAT. even if thc said purchases are to be used for the socialized housing project, since VAT is an indirect tax which can be passed on by the seller of the goods/services. It shall be gross receipts from the said socialized housing project. undcrstood that ARR CONSTRUCTION must issue VAT-excmpt official receipts on its However. the purchases of goods/articles by ARR CONSTRUCTION shall be subject

over the pareels of land described bclow. to wit: Moreover. the Deeds of Absolute Sale executed by the Iandowners in favor of the NHA

207 March 2. March 2. 2017 Deeds of Date of Sate Rosario Aaron B. Bautista Benito Del Landowner/ Name of Seller Certificate Titte (TCT) Transfer of Area (Sq. m.) 78.501 60,808 Transferred 33.945 60.608 Area Brgy. Fatima. New Washington, Aklan Brgy. Fatima. New Washington. Aklan Location

which shall be used for the above-mentioned socialized housing project. are not subject to capital gains tax and documentary stamp tax pursuant to Sections 19 and 20 of Republic Act (RA) No. 7279.

ARR Construction Page 2 of 2 Date issued_10-19-2017 CTE No. 486-2017

as giving authority to the concerned Register of Decds to effect transfer of the land tities in the name of thc buyer without the necessary Certificate Authorizing Registration (CAR) issued by concerned in order for the latter to issue the CAR. this Bureau. In this regard, this CTE shall be presented to the Revenue District Office (RDO) It is. however. understood that this CTE is never intended, and shall not be construed

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 ...QC1_19_2017

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Commissioner of Internal Revenue CAESAR R. DULAY 010046

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