Ron Daniell Construction/12-30 Construction & Supply J.V.

January 10, 2020 CERTIFICATE OF TAX EXEMPTION NO. NSH-001-2020 CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN : This certifies that RON DANIELL CONSTRUCTION/12-30 CONSTRUCTION & SUPPLY J.V. (TIN: 000-000-000-000), an entity engaged by the National Housing Authority (NHA), is exempt from project-related income taxes, creditable withholding tax and value added tax (VAT), pursuant to Section 20 (d) (1) and (3) of Republic Act No. 7279, as amended by RA No. 10884 (Balanced Housing Development Program Amendments) dated July 17, 2016, on its income received directly in connection with the construction/development of socialized housing units under the NHA's Yolanda Permanent Housing Program, to wit: AaCTcI Date of Notice of Award Date of Contract Agreement Contract Price (Php) Project Name Location No. of Socialized Housing Units subject of tax exemption May 19, 2017 Sept. 25, 2017 P__________ Salcedo Housing Project Brgy. Palanas, Salcedo, Eastern Samar 887 However, the purchases of goods/articles by RON DANIELL CONSTRUCTION/12-30 CONSTRUCTION & SUPPLY J.V. shall be subject to VAT, even if the said purchases are to be used for the socialized housing project, since VAT is an indirect tax which can be passed on by the seller of the goods/services. It shall be understood that RON DANIELL CONSTRUCTION/12-30 CONSTRUCTION & SUPPLY J.V. must issue VAT-Exempt official receipts on its gross receipts from the said socialized housing project. Moreover, the Deeds of Absolute Sale/Unilateral Sale Executed by the Landowners in favor of the NHA over the parcels of land described below, to wit: Date of Deeds of Absolute Sale Name of Landowners/ Sellers Transfer Certificate of Title No. Area (Sq. m.) Area Transferred (Sq. m.) Location June 21, 2017 1 Sept. 22, 2017 2 AAA CARP2013000340 9,268 9,268 Brgy. Palanas, Salcedo, Eastern Samar CARP2013000341 10,064 10,064 Brgy. Palanas, Salcedo, Eastern Samar June 21, 2017 3 Sept. 22, 2017 4 BBB CARP2013000344 11,207 11,207 Brgy. Palanas, Salcedo, Eastern Samar 2011 14,279 14,279 Brgy. Palanas, Salcedo, Eastern Samar Sept. 28, 2017 Heirs of CCC 5 2010 9,998 9,998 Brgy. Palanas, Salcedo, Eastern Samar 2013000343 11,606 11,606 Brgy. Palanas, Salcedo, Eastern Samar which shall be used for the above-mentioned socialized housing project, is not subject to capital gains tax and documentary stamp tax under Sections 19 and 20 of Republic Act (RA) No. 7279. It is, however, understood that this CTE is never intended, and shall not be construed, as giving authority to the concerned Register of Deeds to effect transfer of the land titles in the name of the buyer without the necessary Certificate Authorizing Registration (CAR) issued by this Bureau. In this regard, this CTE shall be presented to the Revenue District Office (RDO) concerned in order for the latter to issue the CAR. 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 10th day of January, 2020. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Date acknowledged by AAA. 2. Date acknowledged by NHA. 3. Date acknowledged by BBB. 4. Date acknowledged by NHA. 5. This Certificate of Tax Exemption does not include exemption from estate tax and/or donor's tax, if applicable, on the transfer of lots from the registered owner/s to his/their heirs/donees.