Certificate of Tax Exemption No. 143-19

January 31, 2019 CERTIFICATE OF TAX EXEMPTION NO. 143-19 CERTIFICATE OF TAX EXEMPTION issued to Name of Vendor TIN Address AAA 000-000-000-000 ______________________________ This certifies that the Deed of Absolute Sale dated December 17, 2015, executed by AAA in favor of: Name of Vendee TIN Address BINDOY ESTATE HOMEOWNERS ASSOCIATION, INC. 000-000-000-000 Zone 1, La Paz, Zamboanga City covering the following properties: Original Certificate of Title No. Area (sq.m.) Area Transferred Location T-225,992 2,361 2,361 Brgy. La Paz, Zamboanga City T-158,816 8,505 8,505 Brgy. La Paz, Zamboanga City intended for socialized housing project is not subject to capital gains tax pursuant to Section 20 of Republic Act (RA) No. 7279. The transaction is, however, subject to documentary stamp tax under Section 196 of the 1997 Tax Code, as amended. It is, however, understood that this Certificate of Tax Exemption is never intended and shall not be construed as giving authority to the concerned Register of Deeds to effect transfer of the land title in the name of the buyer without the necessary certificate of authority to register issued by this Bureau. In this regard, this Certificate shall be presented to the Revenue District Office (RDO) concerned in order for the latter to issue the Certificate Authorizing Registration (CAR). The CAR shall only be issued after the submission of the requirements provided under Revenue Memorandum Order (RMO) No. 15-2003. Upon application for exemption, a lien on the title of the land shall be annotated by the Register of Deeds having jurisdiction over the property, to the effect that the same is to be applied to socialized housing project pursuant to RA 7279. This Certificate 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 31st day of January, 2019. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue