Certificate of Tax Exemption No. NSH-028-21

February 26, 2021 CERTIFICATE OF TAX EXEMPTION NO. NSH-028-21 CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN : This certifies that the Unilateral Deeds of Absolute Sale and Deed of Absolute Sale executed by the Landowner/s in favor of the National Housing Authority (NHA) over the parcels of land described below, to wit: HTcADC Date Name of Landowner/s Original/Transfer Certificate of Title (OCT/TCT) Nos. Area (Sq. m.) Area Transferred (Sq. m.) Location July 10, 2017 AAA OCT No. 2016000575 1 36,722 26,722 Barotac Viejo, Iloilo July 10, 2017 BBB married to CCC OCT No. 2016000576 2 18,750 18,750 Barotac Viejo, Iloilo - AAA TCT No. 090-2020000339 6,399 6,399 Barotac Viejo, Iloilo which shall be used for the Viejo Peoples Village Site 2 , a socialized housing project of the NHA under its Yolanda Permanent Housing Program, consisting of 822 housing units, located at Brgy. Vista Alegre, Barotac Viejo, Iloilo, to be undertaken by New Bilrey Construction and Development Corp./Goldenville Realty and Development Corp.-Joint Venture , are not subject to capital gains tax (CGT)/income tax/creditable withholding tax (CWT) and documentary stamp tax (DST) pursuant to Sections 19 and 20 of Republic Act (RA) No. 7279, as amended by RA No. 10884 (Balanced Housing Development Program Amendments) dated July 17, 2016, and to value-added tax (VAT) pursuant to Section 109 (1) (P) of the National Internal Revenue Code (Tax Code) of 1997, as amended. It is, however, understood that this Certificate of Tax Exemption (CTE) is never intended and shall not be construed as giving authority to the concerned Register of Deeds (RD) to effect transfer of the land titles in the name of the NHA without the necessary Certificate Authorizing Registration (CAR) issued by this Bureau. In this regard, this CTE, together with the documentary requirements provided under Revenue Memorandum Order (RMO) No. 15-2003, shall be presented to the Revenue District Office (RDO) concerned in order for the latter to issue the CAR. Upon application for exemption, a lien on the titles of the land shall be annotated by the concerned RD having jurisdiction over the properties, to the effect that the same are to be applied or are being applied to a socialized housing project pursuant to RA No. 7279. This CTE 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 26th day of February, 2021. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Already in the name of the NHA under TCT No. 090-2017009487. 2. Already in the name of the NHA under TCT No. 090-2017009486.