Certificate of Tax Exemption No. DT-420-20

July 24, 2020 CERTIFICATE OF TAX EXEMPTION NO. DT-420-20 CERTIFICATE OF TAX EXEMPTION issued to BRGY. SINAMAY, ALIMODIAN, ILOILO Brgy. Sinamay, Alimodian, Iloilo TIN: ______________ This certifies that the donation under the Deed of Donation dated October 20, 2010, executed by _____________ AAA 1 in favor of: Name of Donee TIN Address Sinamay National High School Brgy. Sinamay, Alimodan, Iloilo covering the following property; Transfer Certificate of Title 2 Area (sq. m.) Area Donated (sq. m.) Location Brgy. Sinamay, Alimodan, Iloilo being a donation in favor of an educational institution , is exempt from the payment of the donor's tax pursuant to Section 101 (A) (2) 3 of the Tax Code of 1997, as amended. Moreover, the Deed of Donation is likewise not subject to the documentary stamp tax prescribed under Section 196 of the Tax Code of 1997, as amended, but only to the documentary stamp tax of P15.00 4 imposed under Section 188 of the same Code. 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. Per Resolution No. 2010-13 2. Transfer Certificate of Title is still in the name of the previous owner, BBB. The Deed of Absolute Sale dated May 13, 2009, between BBB and AAA is subject to CGT and DST prescribed under Sections 24D, 188 and 196, respectively, of the National Internal Revenue Code of 1997, as amended. 3. Now Section 101 (A) (1) of the 1997 Tax Code, as amended by R.A. No. 10963 or TRAIN Law. 4. The old DST rate of P15.00 is used since the donation took place prior to the effectivity of R.A. No. 10963.