Municipal Government of Lezo, Aklan

March 8, 2018 CERTIFICATE OF TAX EXEMPTION NO. 374-18 CERTIFICATE OF TAX EXEMPTION issued to MUNICIPAL GOVERNMENT OF LEZO, AKLAN Poblacion, Lezo, Aklan TIN: 000-000-000-000 This certifies that the donation under the Deed of Donation of Real Property Inter Vivos dated September 23, 2015 executed by the MUNICIPAL GOVERNMENT OF LEZO, AKLAN in favor of: Name of Donee TIN Address DISTRICT OF LEZO IBAO ELEMENTARY SCHOOL 000-000-000-000 Ibao, Lezo, Aklan covering the following property: Tax Declaration Area (sq.m.) Location 05-007-0142 1 7,441 Ibao, Lezo, Aklan 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 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 8th day of January, 2018. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Portion of Tax Declaration No. 05-007-0142 with an area of 8,765 sq.m.