Municipality of San Miguel

October 11, 2019 CERTIFICATE OF TAX EXEMPTION NO. 620-19 CERTIFICATE OF TAX EXEMPTION issued to MUNICIPALITY OF SAN MIGUEL San Miguel, Iloilo TIN: 000-000-000-000 This certifies that the Deed of Donation dated September 11, 2017, executed by the MUNICIPALITY OF SAN MIGUEL in favor of: Name of Donee TIN Address LEONORA S. SALAPANTAN NATIONAL HIGH SCHOOL 000-000-000-000 San Miguel, Iloilo covering the following property: Transfer Certificate of Title Area (sq.m.) Area Donated (sq.m.) Location T-104032 19,580 19,580 San Miguel, Iloilo being a donation in favor of a government educational institution ,is exempt from the payment of the donor's tax pursuant to Section 101 (A) (1) 1 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 the 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 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. Issued this 11th day of October, 2019. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Renumbered by Republic Act No. 10963. 2. The old DST rate of P15.00 is used since the donation took place prior to the effectivity of R.A. No. 10963.