NDM Equipment Rental & Construction

January 18, 2018 CERTIFICATE OF TAX EXEMPTION NO. 022-18 CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN : This certifies that NDM EQUIPMENT RENTAL & CONSTRUCTION , a single proprietorship, owned by AAA, an entity engaged by the National Housing Authority (NHA) with Tax Identification Number (TIN) 000-000-000-000, is exempt from project-related income taxes, creditable withholding tax and value added tax (VAT), pursuant to Section 20 (d) (1) and (3) of Republic Act (RA) No. 7279, on its income received directly in connection with the land development under the NHA's Socialized Housing Program (insofar as the 410 socialized lots to be generated therefrom are concerned), to wit: Date of Notice of Award Date of Contract Agreement Contract Price (Php) Project Name Location No. of Socialized Lots subject of tax exemption March 10, 2014 May 23, 2014 1 May 26, 2014 2 ___________ Kawayan Ville 2 (formerly Tacloban North Resettlement Project Phase 2) Brgy. Kawayan, Tacloban City, Leyte 410 However, the purchases of goods/articles by NDM EQUIPMENT RENTAL & CONSTRUCTION shall be subject to VAT, even if the said purchases are to be used for the socialized housing project, since VAT is an indirect tax which can be passed on by the seller of the goods/services. It shall be understood that NDM EQUIPMENT RENTAL & CONSTRUCTION must issue VAT-exempt official receipts on its gross receipts from the said socialized housing project. This Certificate of Tax Exemption 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 18th day of January, 2018. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Date acknowledged by NHA. 2. Date acknowledged by NDM EQUIPMENT RENTAL & CONSTRUCTION.