BIR Ruling No. 403-2021

BUREAU OF INTERNAL REVENUE REPUBLK GF THE PHHHPPINES DEIARTMENT OF FINANCE

Quezon City TS

Certificate of Tax Exemption No:

Nsh

CERTIFICATE OF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

the National Housing Authority (NHA) over the parcel of land described below, to wit: This certifies that the Deed of Absolute Sale' executed by the Landowners in favor of

Leonardo Cabangal, Leonardo Cabarigal, Jr.. Miiven Cabangal married to Alex Balladares. Philly Cabangal, Arden Luz Cabangal, Alvin Solinap, Angeles Juanico married to Nery Bebing, Elsie Juanico married to Rustom Juanico. Rosie Juanico married to Ismael Cabangal. Brenda Cabangal, Filomino Borja. and Consolacion Juanico Name of Landowners Certificate Transfer of Title Aggregate (sq. m.) Area 535 Transferred (sg. m.) Area S35 Location

No. 7279,as amended by withholding tax, documentary stamp tax pursuant to Sections 19 and 20 of Republic Act (RA) (P) of the National Internal Revenue Code of 1997, as amended. Yolanda Permanent Housing Program,2 is not subject to income tax/capitai gains tax/expanded for purposes of developing the same into a socialized housing project under the NHA's Amendments) dated July 17, 2016 and to value-added tax (VAT) pursuant to'Section 109 (1) RA No. 10884 (Balanced Housing Development Program

effect transfer of the land title in the name of the NHA without the Certificate Authorizing intended and shall not be construed as giving authority to the concerned Register of Deeds to Registration (CAR) issued by this Bureau. In this regard, this CTE, together with the shall be presented to the Revenue District Office (RDO) concerned in order for the iatter to issue the'CAR. documentary requirements provided under Revenue Memorandum Order (RMO) No. 15-2003) It is. however, understood that this Certificate of Tax Exemption (CTE) is never

Register of Deeds having jurisdiction over the property, to the effect that the same is to be applied or is being applied to a socialized housing project pursuant to RA No. 7279 Upon application for exemption, a lien on the title of the land shall be annotated by the

submitted. However, if upon investigation. the BIR ascertains that the facts are different, then this Certificate shall be considered null and void. This CTE is being issued on the basis of the facts and documents as represented and

Issued this day of

K-I Commissioner of Internal Revenue CAESAR R. DULAY 046335

1 Ackrowledged by Atpha Gra T.rni-Tairosa on March 15 201 in her capacity as Attoney -in-Fact of the I andowners % Per NHA's Indorsement dated August [6. 2021. (Annotated in TCI No. Is I:ntry No Don Oetober 06. 2015) and by the yHA on May 18. 202t.