Eddmari Construction and Trading

February 8, 2017 CERTIFICATE OF TAX EXEMPTION NO. 044-17 CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN : This certifies that EDDMARI CONSTRUCTION AND TRADING (TIN: 000-000-000-000), an entity engaged by the National Housing Authority (NHA), 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 No. 7279, on its income received directly in connection with the construction/development of socialized housing units under the National Housing Authority (NHA)'s Yolanda Permanent Housing Program, to wit: HTcADC Project Location No. of Socialized Date of Notice Date of Contract Price Name Housing Units of Award Contract Subject of Tax Exemption Bugasong Brgy. Centro, 91 June 20, 2016 September P____________ Resettlement Ilauod, 15, 2016 Project Bugasong, Antique Bugasong Brgy. 1,000 May 23, 2016 September P____________ New Paradise Lacayon, 15, 2016 Village 1 Bugasong, Antique Bugasong Brgy. 787 May 23, 2016 September P____________ New Paradise Lacayon, 15, 2016 Village 2 Bugasong, Antique Pili People's Brgy. Pili, 555 May 23, 2016 September P____________ Village Site 2 Ajuy, Iloilo 15, 2016 However, the purchases of goods/articles by EDDMARI CONSTRUCTION AND TRADING shall be subject to VAT, even if the said purchases are to be used for the socialized housing projects, since VAT is an indirect tax which can be passed on by the seller of the goods/services. It shall be understood that EDDMARI CONSTRUCTION AND TRADING must issue non-VAT official receipts on its gross receipts from the said socialized housing projects. Moreover, the Deeds of Absolute Sale/Unilateral Sale executed by the Landowners in favor of the NHA over the parcels of land described below, to wit: Date of Name of Katibayan ng Area Area Location Deeds of Landowner/ Orihinal na (Sq.m.) Transferred Sale/ Seller Titulo (KOT) Blg. Unilateral Sale October 3, AAA CARP2016000764 10,247 10,247 Brgy. Lacayon, 2016 CARP2016000765 2,311 2,311 Bugasong, Antique October 3, BBB CARP2016000031 10,193 10,193 Brgy. Lacayon, 2016 Bugasong, Antique October 3, CCC/DDD 1 CARP2016000024 3,518 3,518 Brgy. Lacayon, 2016 Bugasong, Antique October 3, EEE/FFF 2 CARP2016000023 9,122 9,122 Brgy. Lacayon, 2016 CARP2016000009 5,602 5,602 Bugasong, Antique October 3, GGG CARP2016000030 2,972 2,972 Brgy. Lacayon, 2016 CARP2016000029 8,928 8,928 Bugasong, Antique CARP2016000028 3,125 3,125 CARP2016000008 9,710 9,710 October 3, HHH CARP2016000043 95,235 55,436 Brgy. Lacayon, 2016 Bugasong, Antique October 3, III P-51647 14,798 14,798 Brgy. Lacayon, 2016 Bugasong, Antique May 26, JJJ 2014001046 3 46,000 46,000 Ajuy, Iloilo 2016 which shall be used for the above-mentioned socialized housing projects, are not subject to income tax/capital gains tax/expanded withholding tax, documentary stamp tax and value-added tax (VAT) pursuant to Sections 19 and 20 of Republic Act (RA) No. 7279 and Section 109 (1) (P) of the Tax Code of 1997, as amended. CAIHTE It is, however, understood that this CTE is never intended, and shall not be construed, as giving authority to the 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 Office (RDO) concerned in order for the latter to issue the CAR. 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 9th day of February, 2017. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. The tax exemptions set forth herein do not include estate tax due, if any, on the estate of CCC. 2. The tax exemptions set forth herein do not include estate tax due, if any, on the estate of EEE. 3. Now, TCT No. 090-2016008101 registered under the name of the NHA.