Goldenville Realty and Development Corporation

March 22, 2017 CERTIFICATE OF TAX EXEMPTION NO. 127-17 CERTIFICATE OF TAX EXEMPTION This certifies that GOLDENVILLE REALTY AND DEVELOPMENT CORPORATION with Tax Identification Number 000-000-000-000, an entity engaged by the National Housing Authority (NHA), is exempt from capital gains tax; project-related income taxes, creditable withholding tax and VAT, pursuant to Section 20 (d) (1) and (3) of Republic Act No. 7279, on its income received directly in connection with the National Housing Authority (NHA)'s socialized housing project involving 1,500 socialized housing lots/units through the Community Association Initiative Approach Program (CIAP), to wit: Date of Contract Agreement Date of Memorandum of Agreement Date of Absolute Sale Contract Price (Php) June 16, 2015 July 23, 2015 July 23, 2016 P______________ Transfer Certificate of Title Aggregate Area Area Transferred 069-2016002569, 1 069-2016002568, 2 069-2016000960, 3 069-2016000961, 4 069-2016000958, 5 069-2016000959, 6 069-2016000962, 7 069-2016000963, 8 069-2016002320, 9 069-2016000897, 10 069-2016000896, 11 069-2016002283, 12 069-2016002459, 13 069-2016002492 14 101,401 sq.m. 62,089 sq.m. (consisting of 1,500 developed lots.) Project Name Location No. of socialized housing lots/units Beneficiary St. Joseph Residences Brgy. Pinugay, Baras, Rizal 1,500 Southville 9 (Ynares Village) Homeowners Association, Inc. 15 However, the purchases of goods/articles by GOLDENVILLE REALTY AND DEVELOPMENT CORPORATION 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 GOLDENVILLE REALTY AND DEVELOPMENT CORPORATION must issue non-VAT official receipts on its gross receipts from the said socialized housing projects. 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 22nd day of March, 2017. CAIHTE (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Formerly, TCT No. M-3879. 2. Formerly, TCT No. M-3053. 3. Formerly, TCT No. M-133559. 4. Formerly, TCT No. M-133567. 5. Formerly, TCT No. M-132673. 6. Formerly, TCT No. M-132674. 7. Formerly, TCT No. M-150599. 8. Formerly, TCT No. M-150600. 9. Formerly, Emancipation Patent No. 682795. 10. Formerly, Emancipation Patent No. 682797. 11. Formerly, Emancipation Patent No. 682798. 12. Formerly, Emancipation Patent No. 682799. 13. Formerly, Emancipation Patent No. 682800. 14. Formerly, Emancipation Patent No. 672752. 15. See Annex list of beneficiaries.