BIR Ruling No. 671-2020

REPUBLIC OF THE,PHILIPPINES

DEPARTMENT OF FINANCE

BUREAU OF INTERNAL REVENUE

Quezon City

Certificate of Tax Exemption No:

N3H-067.1-2020

CERTIFICATEOF TAXEXEMPTION

This certifies that the Contract Agreement dated March 2, 2020 executed by and

Brgy. Lagundi, Morong, Rizal, to wit: ASSOCIATION, INC. (BVHOAD) for the sale of 210' socialized housing units located at between BAQUECORPORATION and BAMBU VILLAS HOMEOWNERS

Memorandum of Agreement Date of Name of Housing Project Housing Units subject of Number of Socialized tax exemption Location of the Project

March 3, 2020 Bambu Villas Two 210 Brgy. Lagundi,

Morong,Rizal

construction of infrastructure projects by the national government, is not subject to creditable of Republic act (RA) No. 7279 and value-added tax pursuant to Section 109 (1)(P) of the Tax Code of 1997, as amended. withholding tax/capital gains tax and documentary stamp tax pursuant to Sections 19 and 20 which project has been classified as socialized housing intended for the families affected by calamities, those living in danger areas, and those relocated by NHA to give way to the

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

Issued this day of DEC 1 7.2020

oua

Commissioner of Internal Revenue CAESAR R.DULAY

K-1-JAC 038670

1 As certified by the NHA in its Certification dated May 15, 2020.