ARR Construction

February 14, 2018 CERTIFICATE OF TAX EXEMPTION NO. 160-18 CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN : This certifies that ARR CONSTRUCTION , a sole proprietorship registered under the name of AAA (TIN: 000-000-000-000), and 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: Project Name Location No. of Socialized Housing Units Subject of Tax Exemption Date of Notice of Award Date of Contract Contract Price New Washington Homes 4a Brgy. Lawaan, New Washington Site 4a, Aklan 715 (house and lot packages) June 15, 2017 September 20, 2017 P____________ However, the purchases of goods/articles by ARR CONSTRUCTION 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 ARR CONSTRUCTION must issue VAT-exempt official receipts on its gross receipts from the said socialized housing project. Moreover, the Deeds of Absolute Sale executed by the Landowner in favor of the NHA over the parcels of land described below, to wit: Date of Deed of Sale Name of Landowner/ Seller Transfer Certificate of Title (TCT) Area (Sq.m.) Area Transferred Location Undated AAA 2017000234 34,798 34,798 New Washington, Aklan October 33, 2017 AAA 2017000235 23,681 23,681 New Washington, Aklan which shall be used for the above-mentioned socialized housing project, are not subject to capital gains tax and documentary stamp tax pursuant to Sections 19 and 20 of Republic Act (RA) No. 7279. 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 14th day of February, 2018. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue