MRB II Construction Corporation

July 4, 2019 CERTIFICATE OF TAX EXEMPTION NO. 376-19 CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN : This certifies that MRB II CONSTRUCTION CORPORATION with Tax Identification Number 000-000-000-000, an entity engaged by the Quezon City Government (LGU-QC), 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, as amended by Republic Act 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 Quezon City Government's Socialized Housing program, intended for qualified Informal Settler Families (ISFs), to wit: Date of Notice of Award Date of Contract Agreement Contract Price (PhP) Project Name Location No. of Socialized Housing Units subject of tax exemption August 13, 2014 September 9, 2014 P___________ Bistekville-3 Housing Project (Libis Area) Brgy. Escopa 2, Quezon City 43 units of one-storey with loft However, the purchases of goods/articles by MRB II CONSTRUCTION CORPORATION shall be subject to VAT, even if the said purchases are to be used for the above 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 MRB II CONSTRUCTION CORPORATION must issue VAT-Exempt official receipts on its gross receipts from the said socialized housing project. 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 4th day of July, 2019. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue