Certificate of Tax Exemption No. 657-19

October 17, 2019 CERTIFICATE OF TAX EXEMPTION NO. 657-19 CERTIFICATE OF TAX EXEMPTION issued to Name of Donors TIN Address AAA 000-000-000-000 ________________________________________ BBB 000-000-000-000 ________________________________________ CCC 000-000-000-000 ________________________________________ DDD 000-000-000-000 ________________________________________ EEE 000-000-000-000 ________________________________________ This certifies that the donation under the Deed of Donation dated June 14, 2017, executed by Heirs of FFF , represented by BBB, Attorney-in-Fact, in favor of: Name of Donee TIN Address City Gov't. of Puerto Princesa 000-000-000-000 City Hall Bldg., Sta. Monica Heights, Puerto Princesa City covering the following properties: Transfer Certificate of Title Nos. Area (sq.m.) Area Donated (sq.m.) Location 074-2017000017 1,422 1,422 Brgy. San Jose, Puerto Princesa City 074-2017000018 1,222 1,222 Brgy. San Jose, Puerto Princesa City 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) 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 Deed 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 17th day of October, 2019. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Now, Section 101 (A) (1), as renumbered by Republic Act No. 10963 or the TRAIN Law. 2. Old DST rate was used since the transaction took place prior to the effectivity of R.A. No. 10963.