Certificate of Tax Exemption No. DT-130-21
Certificate of Tax Exemption No. DT-130-21 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Apr 20, 2021
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April 20, 2021 CERTIFICATE OF TAX EXEMPTION NO. DT-130-21 CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN : This certifies that the donation under the Deed of Donation dated December 9, 2019 executed by: Name of Donors TIN Address AAA BBB in favor of: Name of Donee TIN Address The Bible Community (TBC-Church)-Makati East Corp. 347 Apitong St., Comembo, Makati City 1217 covering the following property: Transfer Certificate of Title (TCT) No. Tax Declaration (TD) No. Area Donated (sq.m.) Location 257 Lot No. 20-E, Apitong St., Comembo, Makati City 1217 being a gift in favor of a religious corporation is exempt from the payment of the donor's tax pursuant to Section 101 (A) (2) 1 of the National Internal Revenue Code (Tax Code) of 1997, as amended, subject to the condition that not more than thirty percent (30%) of said gift shall be used by the donee for administration purposes. Moreover, the Deed of Donation is likewise not subject to the documentary stamp tax (DST) prescribed under Section 196 of the Tax Code of 1997, as amended, but only to the DST imposed under Section 188 of the Tax Code of 1997, amended by Republic Act (RA) No. 10963 or TRAIN Law. AIDSTE 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 20th day of April, 2021. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Renumbered by Republic Act No. 10963.
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