Certificate of Tax Exemption No. CMP-101-2023

November 22, 2023 CERTIFICATE OF TAX EXEMPTION NO. CMP-101-2023 CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN : This certifies that the Deed of Absolute Sale dated March 11, 2020, entered into by and between: HTcADC Name of Sellers 1 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 _______________ FFF married to GGG 000-000-000-000 _______________ HHH married to III 000-000-000-000 _______________ -and- Name of Homeowners Association (HOA) TIN Address Mandaya, Muslim, Bisaya-I Homeowners Association, Inc. 000-000-000-000 Sitio Magay, Brgy. Don Martin Marundan, City of Mati, Davao Oriental 8200 over the parcel of land described below, to wit: Transfer Certificate of Title No. Total Area (sq.m.) Transferred (sq.m.) Area of CMP (sq.m.) Location T-53726 150,644 40,000 40,000 Sitio Magay, Brgy. Don Martin Marundan, City of Mati, Davao Oriental being a Community Mortgage Program (CMP), is not subject to capital gains tax pursuant to Section 32 (b) of Republic Act (RA) No. 7279, as amended by RA No. 10884. The transaction is, however, subject to documentary stamp tax under Section 196 of the National Internal Revenue Code (Tax Code) of 1997, as amended. It is, however, understood that this Certificate of Tax Exemption (CTE) 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 Authorizing Registration (CAR) 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 CAR. The CAR shall only be issued after the submission of the requirements provided under Revenue Memorandum Order (RMO) No. 15-2003. CAIHTE 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 Tax Code of 1997, as amended. This CTE 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 22nd day of November, 2023. (SGD.) ROMEO D. LUMAGUI, JR. Commissioner of Internal Revenue Footnotes 1. Special Power of Attorney dated August 20, 2019, was granted to AAA to execute the Deed of Absolute Sale on behalf of the landowners for the sale of the property identified and described in TCT No. T-53726.