BIR Ruling No. 402-2022

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE

Certificate of Tax Exemption No:

DT+ 4 0 2 - 2 0 2 2

CERTIFICATE OF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

This certifies that the Deed of Donation dated February I17, 2017, executed by:

Jose C. Seberiaga Name of Donor TIN Address

in favor of:

(LTO) - Regional Office 61 Land Transportation Office Name of Donee TIN Quintin Salas, Jaro, Iloilo City Address

over the parcel of land described below, to wit:

Transfer Certificate of Title (TCT) No. Total Area (sq. m.) Donated (sq. m) Area Location

14,031 14,031

being a gift in favor of an agency of the Government, is exempt from the payment of the donor's tax pursuant to Section 101 (A) (1)2 of the National Internal Revenue Code (Tax Code) of 1997, as amended.

Section 196 of the Tax Code of 1997, as amended, but only. to the DST of P15.003 imposed under Section 188 of the same Code. Documentary Stamp Tax Regulations", provides that conveyance of realties not in connection with a sale, to trustees or other persons without consideration are not taxable. Accordingly, the Deed of Donation is likewise not subject to documentary stamp tax (DST) prescribed under Moreover, Section 185 of Regulations No. 26, otherwise known as the "Revised

3 Old DST rate was used since the Deed o: Donation was executed prior to the effectivity of RA No. 10963. 1 Represented by Regional Director Roland C. Ramos, LTO-Regional Office 6. 2 Renumbered by Republic Act No. 10963.

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 OCT 0 5 2022

T

Commissioner of Internal Revenue LILIA CATRIS GUILLERMO

K-F21 5 001835