BIR Ruling No. 273-2022

BUREAU OF INTERNAL REVENUE REPU'BLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE

Quezon City

Certificate of Tax Exemption No: PSH -: 2 7 3

CERTIFICATE OF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

project-related incon:e taxes. creditable withholding tax and value-added tax (VAT) pursuant to Section 20 (d)(1) and (3) of Repubtic Act (RA) No. 7279, as amended by RA No. 10884 Government's Socia' ized Housing Program. to wit: (Baianced Housing 1e elopment Program Amendments) deted July 17, 2016, on its income received directly in onnection with the development/construction of socialized housing units for the benefit of qutlified infoimal settler families (ISFs) under the This certifies that Compact Builders, Inc., with Taxpayer Identification Number (TIN) a i entity engaged by the Quezon City Government, is exempt from Quezon City

Notice of Date of Award Agreet ient Conti act Date of Price (Php) Contract Project Name Location No. of Socialized Housing Units subject of tax

April 3. 2017 May 3. 201 Bistekville 20 Quezon City Matandang Balara, Brgy. three-storey walk- up condominium 138 non-loftable units

to VAT, even if the s: id purchases are to be used for the socialized housing project. since VAT understood that Com pact Builders, Iic. must issue VAT exempt official receipts on its gross receipts from the saic socialized housing project. is an indirect tax wlich can be passed on by the seller ci the goods/services. It shall be However. the pu-chases of go:ds/articles by Compact Builders, Inc.- shall be subject

documents as represe ited and submitted. However, if upon iivestigation, the BIR ascertains that the facts are diffs rent. then this Certificate shall be consi.lered null and void. This Certific: te of Tax Exernption is being issued on the basis of the facts and

Issued this day of MAY: 2 7 2n22

KI-JAC [ ' Commis::oner of Internal Revenue CAESAR R. DULAY A E

3eci Group iE mniasione CADREROS 0901