bir_ruling BIR Ruling No. 804-2019BIR Ruling No. 804-2019

BIR Ruling No. 804-2019

REPUBLIC OF THE PHILIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE

Quezon City

Certificate of Tax Exemption No.

0804-2013

CERTIFICATE OFTAXEXEMPTION

issued to

YUTIVO INVESTMENT CORPORATION Name of Vendor TIN 1007 YIC,UN Ave.,Brgy.664 Ermita,Manila 1000 Address

INVESTMENT CORPORATION in favor of: This certifies that the Deed of Absolute Sale dated March 12, 2019, executed by YUTIVO

Name of Vendee City of Manila TIN City Hall; Arroceros St., Ermita, Manila 1000. Address

covering the following property:

Original Certificate of Title No. Area (sq.m.) 913.11 302.93 948.60 Transferred 913.11 302.93 335:20 Area Havana St.Sta.Ana,Manila Location

(RA) No. 7279, otForwise transaction is, hower er, sub as amended, based on he ac which shall be used for socialived housing by the City of Manila, under its Land-for-the-Landless program for the benefit of th is not subject to capi al gair nsideration of the sale. ers of Nagkaisang Pamayanan ng mga Magkakapitbahay, Inc., ditable withholding tax pursuant to Section 20 (d) of Republic Act s the Urban Development and Housing Act of 1992: The imentary stamp tax under Seetion 196 of the 1997 Tax Code,

not be construe title in the name Bureau. In this I. concerned in order only be issued afte (RMO) No. 15-200 It is, h. ernder riving auth he buyer w a. this Cer th.e latter to is e 'ubmission hat this Certificate of Tax Exemption is never intended and shall to the concerned Register of Deeds to effect transfer of the land it the necessary certificate of authority to register issued by this te shall be presented to the Revenue District Office (RDO) e Certificate Authorizing Registration (CAR). The CAR shall requirements provided under Revenue Memorandum Order

housing project pursu of Deeds having juris Upon applic n for exempti. tion over th to RA 7279 perty, to the effect that the same is to be applied to socialized lien on the title of the land shall be annotated by the Register

Certificate shall be consider submitted.How This Certif if u Is n invest d null a ing issu d n, the BIR ascertains that the facts are different, then this 1 the basis of the facts and documents as represented and

Issued this D O E 1 7 2019

owsney

Commissioner of Internal Revenue CAESAR R. DULAY

031554 C

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