BIR Ruling No. 369-2020

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE

Quezon City

Certificate of Tax Exemption No.

DT-9369-2020

CERTIFICATE OF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

November 16, 2015, entered into by and between: This certifies that the donation under the Deed of Absolute Donation dated

Name of Donor TI Address LORETA NABUS

in favor of:

BARANGAY POBLACION, LA TRINIDAD, BENGUET Name of Donee TIN Address

covering the following property:

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

944 944

being a gift in favor of a political subdivision of the Government, is exempt from the payment of the donor's tax pursuant to Section 10l (A) (2)' of the National Internal Revenue Code of 1997, as amended.

Documentary Stamp Tax Regulations, implementing Title VII of the Tax Code, provides that Internal Revenue Code of 1997, as amended, but only to the DST of P15.002 imposed under conveyances of realties not in connection with a sale, to trustees or other persons without consideration are not taxable. Accordingly, the Deed of Absolute Donation is likewise not subject to the documentary stamp tax (DST) prescribed under Section 196 of the National Section 188 of the same Code. Moreover, Section 185 of Regulations No. 26, otherwise known as the Revised

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. This Certificate of Tax Exemption is being issued on the basis of the facts and

Issued this day of JUL 0 3 2020

neeams

K-1-LMAT Commissioner of Internal Revenue CAESAR R.DULAY 035478

Old DST rate of P15.00 is used since the donation took place prior to the effectivity of RA No. 10963. Now Section 101 (A)(1) of the National Internal Revenue Code of 1997, as amended by Republic Act (RA) No. 10963.