Skip to main content

National Housing Authority (NHA)

Certificate of Tax Exemption No. 1093-18 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jul 24, 2018

Full text

July 24, 2018 CERTIFICATE OF TAX EXEMPTION NO. 1093-18 CERTIFICATE OF TAX EXEMPTION This certifies that the Deeds of Absolute Sale (DOAS) executed by and between the Landowners and the National Housing Authority (NHA) over the parcels of land described below, to wit: HTcADC Date of Deed of Absolute Sale Name of Landowners Transfer Certificate of Title Nos. Aggregate Area (sq. m.) Area Transferred Location of Property/ies May 3, 2018 Nemencio B. Mojica CLOA 3629 9,915 9,915 Brgy. Halang, Naic, Cavite May 3, 2018 Mario M. Villanueva 1 EP 923 V B, EP 924 V B 8,191 8,191 Brgy. Halang, Naic, Cavite May 3, 2018 Juanito S. Telmo 2 EP 528, CLOA 2853 23,636 23,636 Brgy. Palangue I, Naic, Cavite May 3, 2018 Jose C. Consumo 3 EP 100, EP 104 2,664 2,664 Brgy. Halang/Palangue I, Naic, Cavite May 3, 2018 Policarpio B. Ambat 4 EP 833 V B, EP 300, EP 900 13,404 13,404 Brgy. Halang, Naic, Cavite May 3, 2018 Constancio S. Telmo, Jr. EP 129, EP 527, EP 920 V B 20,444 20,444 Brgy. Palangue I/Halang, Naic, Cavite May 3, 2018 Mercurio G. Villanueva EP 914 V B, EP 925 V B 13,997 13,997 Brgy. Halang, Naic, Cavite which shall be used for the Villa De Adelaida Homes, with 1,270 developed lots/housing units, located in Brgy. Halang, Naic, Cavite, a socialized housing project of the NHA through its Community Initiative Approach Program (CIAP), are not subject to capital gains tax and documentary stamp tax pursuant to Section 19 of Republic Act (RA) No. 7279. It is, however, understood that this Certificate of Tax Exemption (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 NHA without the Certificate Authorizing Registration (CAR) issued by this Bureau. In this regard, this CTE, together with the documentary requirements provided under RMO No. 15-2003, shall be presented to the Revenue District Office (RDO) concerned in order for the latter to issue the CAR. Upon application for exemption, a lien on the titles of the lands shall be annotated by the Register of Deeds having jurisdiction over the properties, to the effect that the same are to be applied or are being applied to a socialized housing project pursuant to RA 7279. CAIHTE 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 24th day of July, 2018. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Represented by Constancio S. Telmo, Jr. 2. Represented by Constancio S. Telmo, Jr. 3. Represented by Constancio S. Telmo, Jr. 4. Represented by Constancio S. Telmo, Jr.

Ask what this means for your situation

The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.