Certificate of Tax Exemption No. NSH-035-21

February 26, 2021 CERTIFICATE OF TAX EXEMPTION NO. NSH-035-21 CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN : This certifies that the Deed of Absolute Sale executed by the Landowner/s in favor of the National Housing Authority (NHA) over the parcel of land described below, to wit: HTcADC Date Name of Landowner/s Transfer Certificate of Title (TCT) No. Area (Sq. m.) Area Transferred (Sq. m.) Location Jan. 06, 2021 Heirs of AAA and BBB 1 057-RT2020015430 (T-9342) 101,066 82,030 Brgy. Malainen Luma, Naic, Cavite which shall be used for the Glori-Mor Ville ,a socialized housing project of the NHA under its Community-Based Initiative Approach intended for the qualified beneficiaries of informal settler families affected by the C-5 Southlink Expressway Project of the Department of Public Works and Highways, consisting of 1,100 socialized housing units, located at Brgy. Malainen Luma, Naic, Cavite, to be undertaken by The One Dynamic Three Realty & Development Corporation ,is not subject 2 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 title 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 title of the land shall be annotated by the concerned RD having jurisdiction over the property, to the effect that the same is to be applied or is 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. With Special Powers of Attorney executed by the Heirs authorizing CCC to sell the above-mentioned property. 2. The herein tax exemption does not cover estate tax due, if any, on the transfer of the property to their respective heirs.