Certificate of Tax Exemption No. CMP-048-21

March 1, 2021 CERTIFICATE OF TAX EXEMPTION NO. CMP-048-21 CERTIFICATE OF TAX EXEMPTION issued to Name of Seller TIN Address AAA 1 000-000-000-000 __________________________ -and- Name of Homeowners Association (HOA) TIN Address BAROBO HOMEOWNERS ASSOCIATION, INC. 000-000-000-000 Poblacion, Barobo, Surigao del Sur This certifies that the Deed of Absolute Sale entered by the Seller and the HOA, dated August 14, 2019, over the parcel of land described below, to wit: Original Certificate of Title No. Total Area (sq.m.) Transferred (sq.m.) Area of CMP (sq.m.) Location P-38917 72,763 50,845 50,845 Poblacion, Barobo, Surigao del Sur being a Community Mortgage Program (CMP),is not subject to capital gains tax pursuant to Section 32 (b) of Republic Act (RA) No. 7279, or the Urban Development and Housing Act of 1992. The transaction is, however, subject to documentary stamp tax under Section 196 of the 1997 Tax Code, as amended. It is, however, understood that this Certificate of Tax Exemption is never intended and shall not be construed as giving authority to the concerned Register of Deeds to effect transfer of the land title in the name of the buyer without the necessary Certificate of Authority to Register issued by this Bureau. In this regard, this Certificate shall be presented to the Revenue District Office (RDO) concerned in order for the latter to issue the Certificate Authorizing Registration (CAR). The CAR shall only be issued after the submission of the requirements provided under Revenue Memorandum Order (RMO) No. 15-2003. The Bureau of Internal Revenue (BIR) shall conduct verification and post-audit that the actual occupants of the property transferred under the CMP are qualified beneficiaries and therefore, the seller is entitled to exemption from capital gains tax or income tax imposed under Sections 24 (D) (1) and/or 27 (D) (5) of the 1997 Tax Code, as amended. This Certificate 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. HEITAD Issued this 1st day of March, 2021. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Special Power of Attorney dated October 12, 2018, was granted to BBB to execute the Deed of Absolute Sale on behalf of the landowner.