BIR Ruling No. 660-2020

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE Quezon City

e DEC 1 7 2U20

CERTIFICATE OF TAX EXEMPTION

Ryan L. Uy and the National Housing Authority (NHA) over the parcels bf land described helow, to wit: This certifies that the Deed of Absolute Sale (DOAS) executed by and between

February February February 26, 2020 February 26, 2020 26. 2020 26. 2020 Date Landowner Ryan L. Uy Ryan L. Uy Ryan L. Uy Ryan L.Uy Name of Title (TCT) No. Certificate of Transfer (Sq. m.) 29.798 29,797 29.797 29,797 Area Transferred (Sq. m) 29.797 29.797 29.798 29.797 Area Samal, Davao del Norte Samal Davao del Norte Samal, Davao del Norte Brgy.Cogon, Island of Samal. Davao del Norte Brgy. Cogon, Island of Brgy.Cogon, Island of BrgyCogon, Island of Location

February February 26. 2020 26. 2020 Ryan L. Uy Ryan L.Uy 50.000 2.686 31,972 2.686 SamalDavao del Norte Samal. Davao del Norte Brgy. Cogon, Island of Brgy. Cogon, Island of

by Rotaflex Construction and Development Corporation, is not subject to income which shall be used for Maresca Homes (formerly Adelaide Village). a socialized housing project of the NHA under its Government Employees Housing Program (GEHP), consisting of tax/creditable withholding tax/capital gains tax and documentary stamp tax pursuant to Sections 19 and 20 of Republic act (RA) No. 7279 and value-added tax pursuant to Section 1000 housing units, located at Brgy. Cogon, Island of Samal, Davao del Norte, to be undertaken 109 (1)(P) of the Tax Code of 1997. as amended.

(RD) to effect transfer of the land titles in the name of the NHA without the necessary together with the documentary requirements provided under Revenue Memorandum Order intended and shall not be construed as giving authority to the concerned Register of Deeds Certificate Authorizing Registration (CAR) issued by this Bureau. In this regard, this CTE. It is, however, understood that this Certificate of Tax Exemption (CTE) is never

O

1 The TCTs are still under the names of the previous owners but the Certificates Authorizing Registration (CARs) have alreadv heen issued in favor of Ryan L.Uy T

Page 2 of 2 Date issued CTE No. DEC 1 7 2020 0660-2020

(RMO) No. 15-2003, shall be presented to the Revenue District Officer (RDO) concerned in order for the latter to issue the CAR.

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

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

Issued this day of

1a,a

CAESAR R. DULAY Commissioner of Internal Revenue

Y 038649

K1-FR-20-0578