Certificate of Tax Exemption No. 502-19

September 6, 2019 CERTIFICATE OF TAX EXEMPTION NO. 502-19 CERTIFICATE OF TAX EXEMPTION issued to Name of Donors TIN Address AAA 000-000-000-000 ________________________________ BBB 000-000-000-000 This certifies that the donation under the Deed of Donation dated September 3, 2018, executed by donors in favor of: Name of Donee TIN Address ROMAN CATHOLIC BISHOP OF ANTIPOLO, INC. 000-000-000-000 Chancery Office, Mater Dei Formation Center, Antipolo City, Rizal 1870 covering the following properties: Transfer Certificate of Title No. Area (sq.m.) Area Donated (sq.m.) Location M-1618 11,874 11,874 Poblacion, 3rd District, Municipality of Jalajala, Rizal M-1365 7,033 7,033 being a gift in favor of a religious corporation is exempt from the payment of the donor's tax pursuant to Section 101 (A) (2) 1 of the Tax Code of 1997, as amended, subject to the condition that not more than thirty percent (30%) of said gift shall be used by the donee for administration purposes. 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 not subject to the documentary stamp tax prescribed under Section 196 of the Tax Code, as amended, but only to the documentary stamp tax imposed under Section 188 of the Tax Code of 1997, as amended by R.A. No. 10963 or TRAIN Law. 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 6th day of September, 2019. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Renumbered by Republic Act No. 10963.