BIR Ruling No. 523-2020

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE Quezon City

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Certificate of Tax Exermption No: 0523-2020

CERTIFICATE OF TAX EXEMPTION

937 developed/serviced lots located at Barangay Quisao, Pililla, Rizal, to wit; between ARR Construction and the National Housing Authority (NHA) for the sale of the This certifies that the Deed of Absolute Sale dated January 31, 2020 executed by and

Name of Housing Project Absolute Date of Sale Name of Landowners Certificate Of Title No. Transfery Housing Units Number of Socialized Location of the Project

Covered by

St. Jerome Heights 31, 2020 January Jaime J. Amagsila, Joscph J. Amagsila. Jovencio J. Amagsila. Tax Exemption 937 Pililla, Rizal Brgy. Quisao.

Jericho J. Amagsila, Jose J. Amagsila. Jr. and Ma. Jojie J. Amagsila.

which project has been classified as socialized housing intended for the informal settler families affected by the Supreme Court's Mandamus to clear the Manila Bay area, is not subject to

19 and 20 of Republic Act (RA) No. 7279, as amended by RA No. 10884 (Balanced Housing creditable withholding tax/capital gains tax and documentary stamp tax pursuant to Sections Development Program Amendments) dated July 17, 2016. Likewise, the sale of residential lots

P3.199.200.00 and below, is VAT-exempt under Section 109(1)(P) of the 1997 Tax Code, as valued at P1,919,500.00 and below, or house and lot and other residential dwellings valued at

amended.

This Certificate of Tax Exemption is being issued on the basisof 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 SEP 1 5 202

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Commissioner of Internal Revenue CAESAR R. DULAY

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