BIR Ruling No. 442-2020

BUREAU OF INTERNAL REVENUE REPUBLIC OFTHEPHILIPPINES DEPARTMENT OF FINANCE

DD Quezon City

N7222029 Certificate of Tax Exemption No: AUG 1 1 2020

CERTIFICATE OF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

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

Date of Deed November 25, November 25. October 24, of Absolute October 24, October 24, October 24. Salel 2019 2019 2019 2019 2019 2019 Domingo, Joy Dianne Sto. Domingo and Jay S. Sto. Sps. Artemio Ramos Sto. Domingo, Manny S. Sto. Domingo and Josefina F. Domingo, Manny S. Sto. Domingo and Jay S. Sto. Domingo Francisco and Domingo and Marissa Estacio Sto. Domingo Sps.Jaime Ramos Sto. Domingo, Ely S. Sto Rosa San Diego Sto. Rosa San Diego Sto. Domingo, Ely S. Sto Delfin Ramos Sto. Jaime Ramos Sto. John Dale A. Sto. Landowners/ Sto. Domingo Domingo4 Names of Domingo Domingo Domingo Sellers? of Title No. Certificate Transfer (Sq.m.) Area Transferred (Sq. m.) Area Baras, Rizal Baras, Rizal Baras, Rizal Baras, Rizal Baras, Rizal Baras, Rizal Pinugay, Pinugay, Pinugay, Pinugay, Location Pinugay, Pinugay, Brgy. Brgy. Brgy. Brgy. Brgy. Brgy.

Absolute Sale on behalf of the landowners. 1 This Certificate of Tax Exemption does not include exemption from estate tax and/or donor's tax, if applicable, on the transfer of lots from the registered owners to their heirs/donee. 2 As one of the terms and conditions of the Contract Agreement dated May 31, 2019, the title of the properties Residences Homeowner's Association, Inc. from the NHA, in lieu of the mortgage. 3 Special Power of Attorney dated May 22, 2019, was granted to Jay S. Sto. Domingo to execute the Deed of 4 Special Power of Attorney dated May 22,2019, was granted to Jay S. Sto. Domingo to execute the Deed of shall be registered in the name of the NHA in order to secure the payment of the loan obtained by Ynares Absolute Sale on behalf of the landowners.

A

Goldenville Realty and Development Corp./Two Ynares Residences CTE No. Page 2 of 2 Date issued

October 24 October 24, November 25 2019 2019 TOTAL 2019 Domingo, Joy Dianne Sto. Domingo, Joy Dianne Sto. Domingo Francisco and Lina M. Guatno, Sonny G. Domingo Francisco and Delfin Ramos Sto. Herminio G. Manapat. Manapat and Remy G. Delfin Ramos Sto. John Dale A. Sto. Mario G.Manapat. Zenaida M. Halina. Manapat, Bernie G. Manapat, Ramil G. Manapat, Julius G. John Dale A. Sto. Domingo Domingo Manapats Baras, Rizal Baras, Rizal Baras, Rizal Pinugay, Pinugay, Pinugay. Brgy. Brgy. Brgy.

which shall be used for the Two Ynares Residences Housing Project, with 1,515 housing units, located in Brgy. Pinugay, Baras, Rizal, a socialized housing project of the NHA through its Community Based Initiative Approach Program (CBIAP), to be undertaken by GOLDENVILLE REALTY & DEVELOPMENT CORPORATION,are not subject to

creditable withholding tax/capital gains tax, documentary stamp tax and value-added tax pursuant to Sections 19 and 20 of Republic Act (RA) No. 7279 and Section 109 (1)(P) of the Tax Code of 1997, as amended.

It is, however, understood that this CTE is never intended, and shall not be construed, as giving authority to concerned Register of Deeds to effect transfer of the land titles in the

name of the buyer without the necessary Certificate Authorizing Registration (CAR) issued by this Bureau. In this regard, this CTE shall be presented to the Revenue District Office (RDO) concerned in order for the latter to issue the CAR.

the Register of Deeds having jurisdiction over the properties, to the effect that the same are to be applied or are being applied to a socialized housing project pursuant to RA 7279. Upon application for exemption, a lien on the titles of the lands, shall be annotated by

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 AUG 11 2020

185oa CAESAR R.DULAY Commissioner of Internal Revenue

K-1-JAC 036108 Q

5 Special Power of Attorney dated May 23,2019,was granted to Remy G. Manapat to execute the Deed of Absolute Sale on behalf of the landowners.