BIR Ruling No. 367-2019

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OP HINANCE

Quezou City

Certificate of Tax Exenption No 0367-2019

CERTIFICATE OF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

between: This certifies that the Deed of Absolute Sale dated June 06. 2017. entered into by and

Meriyn Carnelita Novero Rivera Jose Alberto N. Rivera Archibald N. Rivera Anthony N. Rivera Name of Seller/s Landowner/s TN 0 G 3 San Antonio, Los Bafios. Laguna Address

-and-

Better Land Homeowners Association. Inc. Phase 2 Name of Homeowners Association (HOA) TN Purok 6. Brgy. San Antonto. Los Banos. Loguna +030 Aduress

over the parcels of land described bclow, to wit:

Certificate of Title (TCT) Nos Transfer Totat Total Area (s. m.) 13.894 15.394 5O0 500 500 Trausferred (sqm 15,39 13,894 Area 500 500 500 s Area of 153 13.8 CMP 500 50 500 Bo. of San Antonto. Lo: Bafios. Laguna Location

being a Community Mortgage Program (CMP)'. is not subject to capital gains tax and value- tie transaction is subject to docunentary stamp tax (DsT) under Section 196 of the same RA No. 10884 (Bataneed tiousing Development Program Amendments) dated July 17. 20+6. and Section 109 (1) (P) of the National Internal Revenue Code of 1997. as arnended. However. Code. added tax (VAT) pursuant to Section 32 (b) of Republic Aet (RA) No. 7279. as amended by

shall not be construed as giving authority to the concerned Register ot'Deeds to effect transfer of the tand titles in the name of the huyer without the necessary certificate of :utority to register issued by this Bureau. tn this regard. this Certificate shail fe presented to the Revenue District Office (RDO) concerned in order for the fatter to issue the Certificate Authoriving It is, however, understood that this Certifieate of Tax Exemption i : never intended and

Shall be proportionately distributed to the asse tociation's qualified nenber-bencfictaries (Sec Atnex)

BETTER LAND) HOMEOWNERS ASSOCIATION, ING. PH 1SE 2 03G7 -2019 JUL 0 3 2019

provided under Revenue Memorandum Order (RMO) No. 1 5-2003. Registration (CAR). The CAR shall only be issued after the submission of thc requirements

actual occupants of the property transferred under the CMP are qualified beneficiaries and therefore. the seller is entitled to exemption from capital gains tax or income tax imposed under Sections 24 (D)(1) and/or 27 (D)(5) the National Internal Revenue Code of 1997. as amended. The Bureau of Internal Revenue (BIR) shall conduct verification and post-audit that the

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

Issued this day of _JUL 0 3_20f9.

EK-I-LMAT Commissioner of Internal Revente CAESAR R. DULAY 026547