Certificate of Tax Exemption No. DT-419-20

July 24, 2020 CERTIFICATE OF TAX EXEMPTION NO. DT-419-20 CERTIFICATE OF TAX EXEMPTION issued to AAA _____________________ TIN: ________________ This certifies that the donation under the Deed of Donation dated December 21, 2018, executed by AAA in favor of: Name of Donee TIN Address WORK OF MARY OR FOCOLARE MOVEMENT FOR MEN, INC. 1 4800 Valenzuela St. Zone 060, Brgy 603, Sta. Mesa, Manila 1002 covering the following property: Transfer Certificate of Title No. Area (sq. m.) Area Donated (sq. m.) Location Barrio of Sungay, Tagaytay City being a gift in favor of a charitable corporation is exempt from the payment of the donor's tax pursuant to Section 101 (A) (2) 2 of the 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, Section 185 of Regulations No. 26, otherwise known as the Revised Documentary Stamp Tax Regulations, implementing Title VII of the Tax Code, 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 is 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 of 1997, as amended by R.A. No. 10963 or TRAIN Law. 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 24th day of July, 2020. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Doing business under the name and styles of NEW CITY PRESS-FOCOLARE; CATHOLIC BOOK CENTER, AND FOCOLARE CARPENTRY TRAINING CENTER. 2. Renumbered by Republic Act No. 10963.