BIR Ruling No. 546-2020

REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE

BUREAU OF INTERNAL REVENUE

Quezon City

CMP-0546-2020 Certificate of Tax Exemption No.

CERTFICATEOFTAXEXEMPTION

issued

Name of Selier TIN Address

ATTY.RUBY MILAGROS A Purok 1, Marabulig, Cauayan, Santiago

CORTES-DAMIAN City, Isabela

-and

Name of Homeowners Association (HOA TIN Address

HOMEOWNERS ASSOCIATION,INC. MILAGROSA VILLAGE CMP Brgy.Sagana Santiago City 331 1

This certifies that the Deed of..Absolute Sale entered by the Seller and the HOA, dated September 06, 2018, over the parcels of land described below, to wit;

No. Transfer Certificate of Title Nos. Total Area (sq.m.) Transferred (sq.m.) CMP (sq.m.) Area of Location

100 100 100 Brgy. Sagana Santiago City

2 100 100 10 Brgy. Sagana Santiago City

3 100 100 10 Brgy. Sagana Santiago City

4 5 10 10 100 100 100 100 Brgy. Sagana Santiago City Brgy.Sagana Santiago City

1 100 10 100 Brgy. Sagana Santiago City

100 100 100 Brgy. Sagana Santiago City

8 10 100 100 Brgy. Sagana Santiago City

9 100 100 100 Brgy. Sagana Santiago City

10 100 10 100 Brgy. Sagana Santiago City

U 10 100 100 Brgy. Sagana Santiago City

12 13 100 100 100 100 100 100 Brgy. Sagana Santiago City Brgy. Sagana Santiago City

14 10 100 100 Brgy. Sagana Santiago City

5 100 100 100 Brgy. Sagana Santiago City

1 100 100 100 Brgy. Sagana Santiago City

17 1O0 100 100 Brgy. Sagana Santiago City

1 8 100 100 10 Brgy. Sagana Santiago City

19 100 100 100 Brgy. Sagana Santiago City

20 1O0 100 100 Brgy. Sagana Santiago City

25 22 23 24 26 2 100 I00 100 100 100 100 100 1Oo 100 100 10o 100 100 100 100 100 100 100 Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy.Sagana Santiago City Brgy. Sagana Santiago City

CMP-0546-2020 SEP 2 3 2020

2 28 29 32 30 31 34 33 35 37 36 38 10 1O0 100 IO0 100 10 100 1O0 100 10 100 100 100 100 1O 100 10 100 100 100 100 100 1O0 100 1O0 100 10 100 100 10 100 100 10 10 10 10 Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City

39 40 100 100 10 10 100 100 Brgy. Sagana Santiago City Brgy. Sagana Santiago City

41 42 10 100 1 00 100 10 10 Brgy. Sagana Santiago City Brgy. Sagana Santiago City 43 44 100 98 100. 98 L0 98 Brgy. Sagana Santiago City Brgy. Sagana Santiago City 45 11 119 1 19 Brgy. Sagana Santiago City 46 1O 100 100 Brgy. Sagana Santiago City 47 100 100 100 Brgy. Sagana Santiago City

48 1O0 100 100 Brgy. Sagana Santiago City

49 I0 100 10 Brgy. Sagana Santiago City 50 1O0 100 100 Brgy. Sagana Santiago City 51 1o 1O0 100 Brgy. Sagana Santiago City

52 100 100 100 Brgy. Sagana Santiago City

53 100 100 100 Brgy. Sagana Santiago City

54 10 1O0 10 Brgy. Sagana Santiago City

55 1O0 100 10 Brgy. Sagana Santiago City

56 100 10 1O0 Brgy. Sagana Santiago City

57 1O0 100 100 Brgy. Sagana Santiago City

60 58 5 9 I00 1O0 1O0 10 100 100 1O0 10 10 Brgy.Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City

11 62 13 64 100 1O0 100 I00 100 TO0 100 10O 100 100 10 100 Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy.Sagana Santiago City Brgy.Sagana Santiago City

15 11 1 100 100 100 100 10 1O0 10 100 100 Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City

68 19 1O 10 100 100 1O0 10 1O0 100 100 10 Brgy. Sagana Santiago City Brgy.Sagana Santiago City Brgy.Sagana Santiago City

2 T 13 10 10 100 100 10 10 100 10 1O0 Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy.Sagana Santiago City

CM SEP 2 3 2020 0546-2020

811 83 84 100 80 82 85 86 891 92 101 102 14 15 11 1 18 1 8 88 90 91 93 94 103 104 105 95 91 97 98 99 100 100 1 24 100 L0 10 1O0 1 YO0 10 10 10 10 100 100 100 100 10 100 100 100 100 100 1O0 10 1O0 LO0 O0 10 1O0 100 95 100 100 100 100 100 100 100 100 100 100 100 100 100 1 24 L0 100 10 10 10 100 1O0 10 10 10 100 100 10 100 10 100 100 5 100 100 100 100 100 100 10 100 100 100 100 10 100 100 10 10 100 100 1O0 10 100 100 100 100 100 95 100 100 10 100 2 100 Brgy Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City

106 1 09 107 108 100 10 100 100 : 100 100 100 100 10 100 100 100 Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City

0 100 100: 100 Brgy. Sagana Santiago City

I 1Oo 100 10 Brgy. Sagana Santiago City

2 100 1 1 0 Brgy. Sagana Santiago City 3 100 100 100 Brgy. Sagana Santiago City

14 10 100 100 Brgy. Sagana Santiago City

5 1O0 100 10 Brgy.Sagana Santiago City

1 100 100 10 Brgy. Sagana Santiago City

100 1O0 100 Brgy.Sagana Santiago City

18 100 10 100 Brgy.Sagana Santiago City o 100 10 10 Brgy.Sagana Santiago City

120 1 00 100 100 Brgy.Sagana Santiago City

CMP-0546-2020 SEP 2 3 2UzU

121 122 123 124 125 12 1 26 27 128 10 100 10 L0 100 10 1O 10 LO0 100 100 100 10 10 100 O0 100 100 100 100 100 I 00 100 100 100 10 100 Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy.Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City

130 10 LO0 100 Brgy. Sagana Santiago City

132 I3 133 10 1O0 10 10 YO0 100 10 100 100 Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City

134 100 100 10 Brgy. Sagana Santiago City

135 100 100 100 Brgy. Sagana Santiago City

136 1O0 1O0 100 Brgy. Sagana Santiago City

137 10 100 100 Brgy. Sagana Santiago City

138 100 100 100 Brgy. Sagana Santiago City

13 9 100 1O0 100 Brgy. Sagana Santiago City

140 L0 100 10 Brgy. Sagana Santiago City

141 100 1O0 100 Brgy. Sagana Santiago City

142 100 100 10 Brgy. Sagana Santiago City

143 144 145 + 100 10 100 100 1O0 100 100 100 100 Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City

146 R 100 100 100 Brgy. Sagana Santiago City

147 1O0 100 100 Brgy. Sagana Santiago City

148 IO0 100 10 Brgy. Sagana Santiago City

149 I00 100 100 Brgy. Sagana Santiago City

150 100 100 100 Brgy. Sagana Santiago City

151 133 133 133 Brgy. Sagana Santiago City

152 1 49 149 14 Brgy. Sagana Santiago City

153 100 100 10 Brgy.Sagan Santiago City

154 100 100 10 Brgy. Sagana Santiago City ne

155 10 100 10 Brgy.Sagana antiago City

156 0 100 10 Brgy.Saga Santiago City

157 10 100 10 Brgy.Saga Santiago City 158 10 100 100 Brgy. Sagana Santiago City

159 1 00 100 10 Brgy.Sagana Santiago City

160 00 100 100 Brgy. Sagana Santiago City 16 100 100 100 Brgy.Sagana Santiago City

162 1 o0 100 1O0 Brgy. Sagana Santiago City

163 L00 1O0 100 Brgy. Sagana Santiago City

164 1O0 O0 100 Brgy. Sagana Santiago City

165 O0 1 10 Brgy.Sagana Santiago City

166 I0 100 10 Brgy. Sag Santiago City

117 100 100 10 Brgy.Sagana Santiago City

CMP-0546-2020 SEP 2 3 2U20

168 119 170 12 173 174 L 175 177 10 1o0 100 10 1O0 10 10 10 100 100 100 10 100 100 100 100 100 100 10 10 10 100 100 10 10 10 100 Brgy. Sagana Santiago City Brgy.Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City Brgy. Sagana Santiago City

TOTAL

being a Community Mortgage Program (CMP), is not subject to capital gains tax pursuant to Section transaction is, however, subject to documentary stamp tax under Section 196 of the 1997 Tax Code, 32 (b) of Republic Act (RA) No.7279, or:the Urban Development and Housing Act of 1992. The

as amended.

It is, however, understood that this Certificate of Tax Exemption is never intended and shall not be construed as giving authority to the concerned Register of Deeds to effect transfer of the land title in the name of the buyer without the necessary certificate of authority to register issued by this

Bureau. In this regard, this Certificate shall be presented to the Revenue District Office (RDO)

concerned in order for the latter to issue the Certificate Authorizing Registration (CAR). The CAR shall

only be issued after the submission of the requirements provided under Revenue Memorandum Order

(RMO) No. 15-2003.

The Bureau of Internal Revenue (BIR) shall conduct verification and post-audit that the 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) of the 1997 Tax Code, as amended.

This Certificate 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 SEP 2 3 2020

Meesanlxear

Commissioner of Internal Revenue CAESAR R. DULAY

K-1-JAC 036520 Q A