Municipality of Cabatuan

August 18, 2020 CERTIFICATE OF TAX EXEMPTION NO. DT-458-20 CERTIFICATE OF TAX EXEMPTION issued to MUNICIPALITY OF CABATUAN Cabatuan, Iloilo TIN: __________ This certifies that the donation under the Deed of Donation dated February 05, 2018, executed by Hon. Ronilo O. Caspe, Municipal Mayor, Cabatuan, Iloilo, in favor of: Name of Donee TIN Address PHILIPPINE NATIONAL POLICE Cabatuan Municipal Station, Cabatuan, Iloilo covering the following property: Transfer Certificate of Title No. Area (sq.m.) Area Donated (sq.m.) Location Brgy. Poblacion, Cabatuan, Iloilo being a donation in favor of a National Agency of the Government , is exempt from the payment of the donor's tax pursuant to Section 101 (A) (1) 1 of the National Internal Revenue Code of 1997, as amended. Moreover, transfers exempt from donor's tax under Section 101 (a) and (b) of Tax Code of 1997, as amended, shall be exempt from the tax imposed under section 196 of the same Code. Accordingly, 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 P30.00 imposed under Section 188 of the National Internal Revenue 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 18th day of August, 2020. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Previously Section 101 (A) (2). Renumbered by R.A. No. 10963 or TRAIN Law.