Certificate of Tax Exemption No. 198-18

February 20, 2018 CERTIFICATE OF TAX EXEMPTION NO. 198-18 CERTIFICATE OF TAX EXEMPTION issued to AAA _____________________________ TIN: 000-000-000-000 This certifies that the donation under the Deed of Donation dated February 19, 2016 executed by AAA , married to BBB, in favor of the: Name of Donee TIN Address DEPARTMENT OF EDUCATION 000-000-000-000 Camangahan, Guimbal, Iloilo covering the following property: Original Certificate of Title Area (sq.m.) Location F-39421 1 10,000 Camangahan, Guimbal, Iloilo being a donation in favor of an agency of the Government, is exempt from the payment of the donor's tax pursuant to Section 101 (A) (2) of the National Internal Revenue Code of 1997, as amended. HTcADC Moreover, Section 185 of Regulations No. 26, otherwise known as the Revised Documentary Stamp Tax Regulations, implementing Title VII of the Tax Code, provides that conveyances of realties not in connection with a sale, to trustees or other persons without consideration are not taxable. Accordingly, the Deed of Donation is likewise not subject to the documentary stamp tax prescribed under Section 196 of the National Internal Revenue Code of 1997, as amended, but only to the documentary stamp tax of P15.00 imposed under Section 188 of the same Code. This Certificate of Tax Exemption (CTE) 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 CTE shall be considered null and void. Issued this 20th day of February, 2018. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Portion of Original Certificate of Title No. F-39421 with an area of 29,776 sq.m.