Certificate of Tax Exemption No. 469-19

August 30, 2019 CERTIFICATE OF TAX EXEMPTION NO. 469-19 CERTIFICATE OF TAX EXEMPTION issued to AAA and BBB ______________________________ TIN: 000-000-000-000 This certifies that donation under the Deed of Donation dated April 11, 2017, executed by AAA and BBB in favor of: DcHSEa Name of Donee TIN Address Brgy. Santa Rita, Asturias, Cebu 000-000-000-000 Brgy. Santa Rita, Asturias, Cebu covering the following property; Lot Description Area (sq.m.) Area Donated (sq.m.) Location Tax Declaration No. Lot No. 9522-Part, Cad. 878-D 1 49,589 929 Brgy. Santa Rita, Asturias, Cebu 00-0000-00000 being a donation in favor of a political subdivision of the Government , is exempt from the payment of the donor's tax pursuant to Section 101 (A) (2) 2 of the Tax Code of 1997, as amended. Moreover, Section 185 of Regulations No. 26, otherwise known as the Revised Documentary Stamp Tax Regulations, implementing Title VII of the Tax Code of 1997, as amended, provides that conveyances of realties not in connection with a sale, to trustees or other persons without consideration are not taxable. Accordingly, the Deeds of Donation are likewise not subject to the documentary stamp tax prescribed under Section 196 of the Tax Code of 1997, as amended, but only to the documentary stamp tax of P15.00 3 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 30th day of August, 2019. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. With Certificate of No Title issued by Land Registration Authority dated November 27, 2017. 2. Now Section 101 (A) (1) of the Tax Code of 1997, as amended by Republic Act No. 10963. 3. The old DST rate of P15.00 is used since the donation took place prior to the effectivity of R.A. No. 10963.