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Certificate of Tax Exemption No. 1362-18

Certificate of Tax Exemption No. 1362-18 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Nov 15, 2018

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November 15, 2018 CERTIFICATE OF TAX EXEMPTION NO. 1362-18 CERTIFICATE OF TAX EXEMPTION This certifies that the Deeds of Absolute Sale (DOAS) executed by the Landowners and the National Housing Authority (NHA) over the parcels of land described below, to wit: HTcADC Date of DOAS Name of Landowner Original/Transfer Certificate of Title Nos. Aggregate Area (sq.m.) Area Transferred Location of Property/ies April 30, 2018 Spouses AAA and BBB 087-2013000304 1,446 1,446 New Washington, Aklan April 30, 2018 CCC 2017000490 11,295 11,295 New Washington, Aklan April 30, 2018 DDD CARP2016000473 10,969 10,969 New Washington, Aklan July 13, 2018 EEE FFF GGG HHH 2017000252 4,692 4,692 New Washington, Aklan June 11, 2018 CCC 087-2018000267 2,483 2,483 New Washington, Aklan April 30, 2018 CCC 2017000248 1,726 1,726 New Washington, Aklan September 13, 2018 Lak-k Builders Co. 087-2018002172 5,781 5,781 New Washington, Aklan which shall be used for the Olympus Residences 3 & 4 , consisting of 1,000 housing units, located at Brgy. Ochando, New Washington, Aklan, a socialized housing project of the NHA under its Yolanda Permanent Housing Program, are not subject to capital gains tax/creditable withholding tax and documentary stamp tax pursuant to Sections 19 and 20 of Republic Act (RA) No. 7279. Moreover, the Contracts for the Procurement of Fully Developed Lots and Completed Housing Units, Residences 3 and 4 (1,000 Units), both dated February 14, 2018, being undertaken by Lak-k Builders Co. for the Olympus Residences 3 & 4 are likewise exempt from income tax/creditable withholding tax. 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. 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. CAIHTE Issued this 15th day of November, 2018. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue

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