Vicente T. Lao Construction

May 22, 2019 CERTIFICATE OF TAX EXEMPTION NO. 295-19 CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN : This certifies that VICENTE T. LAO CONSTRUCTION with Taxpayers Identification Number (TIN) 000-000-000-000, a private entity 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 (RA) No. 7279, as amended by RA No. 10884 (Balanced Housing Development Program Amendments) dated July 17, 2016, 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: Date of Notice of Award Date of Contract Agreement Contract Price Project Name Location No. of Socialized Housing Units subject of tax exemption Dec. 19, 2014 Feb. 10, 2015 P__________ 1 subsequently revised to include the amount of P__________ for additional works covered by Variation Order No. 1 2 Construction of House on Stilts at Vale Vista Subdivision Phase II-Z3R Resettlement Project Brgy. Kasanyangan, Zamboanga City 794 units 3 Dec. 19, 2014 Feb. 10, 2015 P__________ 4 subsequently revised to include the amount of P__________ for additional works covered by Variation Order No. 1 5 Z3R Resettlement Project-Rio Hondo Brgy. Rio Hondo Zamboanga City 460 units 6 Oct. 10, 2014 Nov. 21, 2014 P__________ 7 subsequently revised to include the amount of P__________ for additional works covered by Variation Order No. 1 8 Land Development and Construction of 2-storey Housing Units at Vista Homes R. Evangelista Property Z3R Resettlement Project Brgy. Sta. Catalina, Zamboanga City 184 units 9 However, the purchases of goods/articles by VICENTE T. LAO 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 VICENTE T. LAO CONSTRUCTION must issue VAT-exempt official receipts on its gross receipts from the said socialized housing project. CAIHTE 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 May, 2019. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. With previous tax exemption under BIR Ruling No. 206-2016 dated May 20, 2016. 2. Per NHA Memorandum dated December 07, 2015, Variation Order No. 1 (Change Order No. 1 & Extra Work Order No. 1) is 9.97% of the Original Contract Cost. The Contract Cost increased from P __________ to P __________ . 3. The number of units was not affected by the variation order. 4. With previous tax exemption under BIR Ruling No. 207-2016 dated May 20, 2016. 5. Per NHA Memorandum dated March 21, 2016, Variation Order No. 1 (Change Order No. 1 & Extra Work Order No. 1) is 6.06% of the Original Contract Cost. The Contract Cost increased from P __________ to P __________ . 6. The number of units was not affected by the variation order. 7. With previous tax exemption under BIR Ruling No. 208-2016 dated May 20, 2016. 8. Per NHA Memorandum dated December 02, 2015, Variation Order No. 1 (Change Order No. 1 & Extra Work Order No. 1) is 9.87% of the Original Contract Cost. The Contract Cost increased from P __________ to P __________ . 9. The number of units was not affected by the variation order.