BIR Ruling No. 433-2021

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUBEAU0^5^^^REVENUE Certificate ofTax Exemption No: Pf.'i-la-i 5 - 2 0 ? t CERriFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN: This certifies that PRIMA CASA LAND & HOUSES, INC. with Taxpayer Identification Number(TIN^ is exempt from income tax and creditable .hwoiutsh.hionlgdpirnog.jtecatx,, oLnuimtsiinnacoSiI riaya - Brdgiyre.cStlaymIpnaclooncn,ecStairoinaywai,thQIuteszeocnon,ocmonisciastnidngloowf-c7o4s9t n ""'c ^ purposes, located at Lumina IInveT stments(BOI)un"dIePr�Ce7rti�fi�cTMatyeao,fRQeugeizstorna,tiaonprNooje.ct duly regiJsatteerdeDdewcietmhbtehre 1B2o,a2r0d1o9f for a period of 4 years beginning from December 2019 or actual start of commercial operation^selhng,whichever is earlier,butin nocaseearlierthan the dateofregistration ofthe project wift the BOI, purei/ant to Executive Order(EO)No.226, otherwise known as the "Omnibus Investments Code of1987 and Secti* on 2.5\7.5(/B*)(2-)ofRevv/teinivui evv Regulations(RR) lOV/ IVllV/WJl do lllC No.2-98,as amended. Moreover, the sale the Company of residential lot valued at PI,919,500.00 and below, or house arid lot and VAT-exempt under Section'1r0no9J('1i)v(/Pm) ofthedNwaetliloinnaglsIvnatleurenadlaRteP3v,e1n9u9e,2C0o0d.e00(Taanxd Cbeoldoew),oifs 1997,as amended. Provided however,that beginning January 01,2021,the VAT exemption shall only apply to sale of house and let and other residential dwellings^ valued at P3,199,200.00^. registered With the BOI,ifariy, including those units used for comme2r4c9iahloupsuerpaonsdeslsotucuhniatss Tax Codfon99ras�S appropriate taxes underthe oftax exeitiption herein is subject to the compliance With the provisions of The PConmmpany is liable, horweegvuleart,ifoonrsaalnldotthheerTaepprlmiscaabnlde tCaoxnedsitniootndsisctautsesdedatatbhoeveback hereof. Ar.r>,, facts Caerretdiiffifcearteento,fthleansxtuhbEimsxieCtemtrpettdi.ifiocHnaotweisesvhbaeelril,nbgieficusopsnousneiddienorvneedsttnihugelaltbiaaonsndi,stvhooeifdB.tIhRe afsaccetrstaainnds that the Issued thij day of NOV 2 2 2021 CAESAR R.DULAY ^ Commissioner ofInternal Revenue K-l 0473 1 5 'Formerly: Lumina Homes.Inc. ^ Sale oflotonly,regardless ofthe price shiil be subjectto VATstarting January01,2021 pursuant to RA No. 10963. ^ As adjusted using the 2010 Consumer Price Index values pursuant to RR No.8-2021 dated June 11,2021.