Certificate of Tax Exemption No. 601-18

April 5, 2018 CERTIFICATE OF TAX EXEMPTION NO. 601-18 CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN : This certifies that the domain under the Deed of Donation dated October 11, 2017 executed by: Name of Donors TIN Address AAA 000-000-000 ___________________________ BBB 000-000-000 in favor of: Name of Donee TIN Address SAINT BERNADETTE COLLEGE OF ALABANG, INC. 000-000-000 Km. 23.6 East Service Road, Uding's Compound, Alabang, Muntinlupa 1770 covering the following properties: Transfer Certificate of Title Area (sq. m.) Location 2242 541 Uding's Compound, Brgy. Alabang, Muntinlupa 014-2016001680 916 (S-39674) 112770 2,189 (186185) 086582 2,188 being a gift in favor of an educational institution is exempt from the payment of the donor's tax pursuant to Section 101 (A) (3) 1 of the National Internal Revenue Code of 1997, as amended, subject to the condition that not more than thirty percent (30%) of the said gift shall be used by the donee for administration purposes. The Register of Deeds shall annotate such condition at the back of the Transfer Certificate of Title of the property because failure to comply with said condition shall subject the donation to donor's tax. 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 DST of P15.00 2 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. ETHIDa Issued this 5th day of April, 2018. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Now Section 101 (A) (2) of the 1997 Tax Code, as amended by Republic Act (RA) No. 10963. 2. Threshold DST rate of P15.00 is used since the donation took place prior to the effectivity of RA No. 10963.