BIR Ruling No. 624-2020

REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE

Quezon City

Certificate of Tax Exemption No: NCH-0624.-2020

CERTIFICATE QF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

executed by and between the Landowner and the National Housing Authority (NHA) over the parcel of land described below, to wit: This certifies that the Deed of Conveyance by Virtue of Expropriation for Public Use

Expropriation for Date of Deed of Conveyance by Public Usel Virtue of Landowner/ Name of Seller Certificate Transfer of Title No. (Sq.m.) Area Transferred (Sq. m.) Area Location

June 15, 20173 June 8, 20172 Rodriguez, Jr. Julio L. 1,163 1,163 'Brgy. Lapasan, Cagayan de Oro City

tax pursuantto Sections 19 and 20 of Republic Act (RA) No. 7279, otherwise known as the Brgy. Lapasan, Cagayan de Oro City, is not subject to capital gains tax and documentary stamp "Urban Development and Housing Act of 1992, as amended by RA No: 10884 (Balanced Housing Development Program Amendments) dated July 17, 2016. which shall be used as part of the Lapasan Slum Upgrading Project of the NHA, located in

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 &ffice (RDO) concerned in order for the latter to issue the CAR. It is, however, understood that this CTE is never intended, and shall not be construed,

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

1 The Deed of Conveyance by Virtue of Expropriation for Public Use was amended by.a Supplementary Deed of Conveyance by Virtue of Expropriation for Public Use, correcting a mistake in the first Deed of Conveyance as to the description of property particularly stating that the same was "Lot 906-G" whereas in fact it should be "Lot 900-G", acknowledged by the NHA on July 11, 2018 and acknowledged by Julio L. Rodriguez, Jr. on August 7, 2 Date acknowledged by Julio L. Rodriguez, Jr. 2018,respectively. 3 Date acknowledged by the NHA. Q

National Housing Authority/ Julio L. Rodriguet, Jr. Page 2 of 2 CTE No. Date issued NOV NH-0624-2820

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 NOV:0 3 2020

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Commissioner of Internal Revenue CAESAR R. DULAY

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