Certificate of Tax Exemption No. DT-326-2022

June 29, 2022 CERTIFICATE OF TAX EXEMPTION NO. DT-326-2022 CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN : This certifies that the Deed of Donation dated November 3, 2021, executed by: Name of Donor TIN Address Philippine Baptist SBC, Inc. 000-000-000-000 24 Kanlaon St., Brgy. Sta. Teresita, Quezon City 1114 in favor of: Name of Donee TIN Address Metropolitan Heritage Baptist Church of Iligan City 000-000-000-000 No. 10 Kalayaan Compound, Zone 1, Brgy. Santo Rosario, Iligan City covering the following properties: Transfer Certificate of Title Nos. Area (sq.m.) Area Donated (sq.m.) Location T-56523 (a.f.) 300 300 Brgy. Bayug, T-56524 (a.f.) 200 200 Iligan City 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 of 1997 (Tax Code), 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 prescribed under Section 196 of the Tax Code, as amended, but only to the documentary stamp tax imposed under Section 188 of the Tax Code, as amended. 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 29th day of June, 2022. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Renumbered by Republic Act No. 10963.