BIR Ruling No. 549-2020

REPUBLIC OF THE PHILIPPINES

BUREAU OFINTERNAL REVENUE DEPARTMENT OF FINANCE Ouezon City

Certificate of Tax Exemption No.

CMP-0549-202

CERTIFICATE OF TAX EXEMPTION

iss ued to

EDUARDO S.ATANACIO ANGELITA S.ATANACIO RONALDO S.ATANACIO LOURDES S.ATANACIO BASILIA S.ATANACIO CENON S. ATANACIO Name of Sellers TIN 756 Sampalok St., Bagumbong 756 Sampalok St., Bagumbong 756 Sampalok St., Bagumbong 756 Sampalok St., Bagumbong 756 Sampalok St., Bagumbong 756 Sampalok St., Bagumbong Caloocan City Caloocan City Caloocan City Caloocan City Caloocan City Caloocan City Address

-and

Name of Homeowner's Association (HOA) TIN Address

J.ATANACIO HOMEOWNERS ASSOCIATION, INC. 761 Sampalok St., Brgy. 171 Bagumbong, Caloocan City

June 6, 20 1 7, over the parcel of land described below, to wit; This certifies that the Deed of Absolute Sale entered by the Sellers and the HOA, dated

Transfer CertificateTotal Area Tran of Title No. (sq.m.) I sa m. tred|Area of CMP (sq.m.) Location

Brgy. 171, Bagumbong. Caloocan City

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

of the land title in the name of the buyer without the necessary Certificate of Authority to shall not be construed as giving authority to the concerned Register of Deeds to effect transfer 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 shalloniy be issued after the submission of the requirements provided under Revenue Memorandum Order (RMO) No.15-2003. It is,however,understood that this Certificate of Tax Exemption is never intended and

Page 2 of 2 J. Atanacio Homeowners Association, Inc. W-0549-2020 SEP 2 3 20'20

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. The Bureau of Internal Revenue (BIR) shall conduct verification and post-audit that the

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 is being issued on the basis of the facts and documents as represented

Issued this day of SEP 2 3 2UZ0

Maeeav&a

K-1-JAC Commissioner of Internal Revenue CAESAR R. DULAY 036752