BIR Ruling No. 546-2017

REPUBLIC OF THT. PHILIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE

Quezon City

Certificate of Tax Exemption No. 43-20 17

CERTIFICATE OF TAX EXEMPTION

issued to

Ricardo C. Batlesteros Name of Seller TIN Olympus Subd.. Brgy. Kaligayahan. Bik. 18. Lot 14. Phase 2. North Novatiches, Quezon City Address

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Name of Homeowners Association (HOA) TIN Address

Baliesteros -- Amity Homeowners Association. Inc Purok S. Zone 8. Cupang. Antipolo City 1870

2016 over a parcel of land described below. to wit; This certifies that the Deed of Absolute Sale entered by the Seller and the HOA dated May 25.

Transfer Certificate of Title (sg.m. 10,095 Area Transferred 9318.31 (sq.m.) Area of CMP 9.318.3 ($pm Purok 5. Zone 8. Cupang. Antipolo City 1870 Location

transaction is. however, subject to documentary stamp tax under Section 1 96 of the same Code. being a Community Mortgage Program (CMP)'. is not subject to capital gains tax pursuant to Section 32 (b) of Republic Act (RA) No. 7279, or the Urban Development and Housing Act of 1992. The

only be issued after the submission of the requirements provided under Revenue Memorandum Order not be construed as giving authority to the concerned Register of Deeds to effect transfer of the land concerned in order for the latter to issue the Certificate Authorizing Registration (CAR). The CAR shall (RMO) No. 15-2003. title in the name of the buyer without the necessary certificate of authority to register issued by this Bureau. In this regard, this Certificate shall be presented to the Revenue District Office (RDO) It is. however. understood that this Certificate of Tax Exemption is never intended and shall

is entitled to exemption froin capital gains tax or income tax imposed under Sections 24 (D)( 1) and/or occupants of the property transferred under the CMP are qualified beneficiaries and theretore, the seller 27 (D)5) the National Internal Revenue Code of (997, as amended. The Bureau of Internal Revenue (BIR) shall conduct verification and post-audit that the actual

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

Issued this day of NOV 2 201Z.

K-I-JAC Commissioner of Internal Revenue CAESAR R. DULAY D+ 011367