BIR Ruling No. 66-2020

REPUBLICOFTHE PHILIPPINES

DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE

Quezon City

Certificate of Tax Exemption No: NSH-001-2020

CERTIFCATEOFTAXEXEMPTON

TO ALL WHOM IT MAY CONCERN:

socialized housing units under the NHA's Yolanda Permanent Housing Program, to wit: added tax (VAT), pursuant to Section 20 (d)(1) and (3) of Republic Act No. 7279, as amended by RA No. 10884 (Balanced Housing Development Program Amendments) dated July 17, 2016, on its income received directly in connection with the construction/development of (NHA), is exempt from project-related income taxes, creditable withholding tax and value SUPPLY J.V.(TIN: This certifies that RON DANIELL CONSTRUCTION/12-30 CONSTRUCTION & ), an entity engaged by the National Housing Authority

Notice of Date of Award Agreement Contract Date of Contract Price (Php) Project Name Location Housing Units subject of tax exemption Socialized No. of

May 19. 2017 Sept. 25, 2017 Salcedo Housing Project Brgy. Palanas. Eastern Samar Salcedo, 387

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 understood that RON DANIELL 12-30 CONSTRUCTION & SUPPLY J.V. shall be subject to VAT, even if the said purchases CONSTRUCTION/12-30 CONSTRUCTION & SUPPLY J.V. must issue VAT-Exempt However, the purchases of goods/articles by RON DANIELL CONSTRUCTION/

official receipts on its gross receipts from the said socialized housing project.

Moreover, the Deeds of Absolute Sale/ Unilateral Sale Executed by the Landowners in favor of the NHA over the parcels of land described below, to wit:

Date of Deeds of Absolute Sale Landowners/ Name of Sellers Certificate of Title Transfer No. (Sq. m.) Area Transterred (Sq. m.) Area Location

June 21, 2017 Elisa A. 9,268 9,268 SalcedoEastern Brgy. Palanas. Samar

Sept. 22. 201'72 Evallo 10,064 10.064 Salcedo, Eastern Brgy. Palanas, Samar

Date acknowledged by Elisa A.Evallo. Date acknowiedged bv NHA

RUCTION/12-30 CONSTRUCTION&SUPPLY J.V CTE No. NSH-0012020

Date issued JAN1n 2020

Sept. 22. June 21. 20174 20173 Cabugawan Ofelia A. 2011 11,207 14,279 11,207 14,279 Salcedo,Eastern Salcedo,Eastern Brgy. Palanas, Brgy.Palanas. Samar Samar

Sept. 28. 2017 Virgilio O. Abellar5 Heirs of 2010 11,606 9, 98 11,606 9,998 Salcedo,Eastern Salcedo,Eastern Brgy. Palanas, Brgy. Palanas, Samar Samar

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

It is, however, understood that this CTE is never intended, and shall not be construed. as giving authority to concerned Register of Deeds to effect transfer of the land titles in the

this Bureau. In this regard, this CTE shall be presented to the Revenue District Office (RDO) concerned in order for the latter to issue the CAR. name of the buyer without the necessary Certificate Authorizing Registration (CAR) issued by

This Certificate of Tax Exemption is being issued on the basis of the facts and 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.

Issued this day of 6 N10 202

LeanA

Commissioner of Internal Revenue CAESAR R. DULAY 032013

K-1-JAC Be

Date acknowledged by Ofelia A.Cabugawan. Date acknowledged by NHA. s This Certificate of Tax Exemption does not include exemption from estate tax and/or donor's tax, if

applicable, on the transfer of lots from the registered owner/s to his/their heirs/donees.