Certificate of Tax Exemption No. NSH-0645-2020
Certificate of Tax Exemption No. NSH-0645-2020 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Dec 1, 2020
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December 1, 2020 CERTIFICATE OF TAX EXEMPTION NO. NSH-0645-2020 CERTIFICATE OF TAX EXEMPTION This certifies that the Deed of Conveyance executed by St. Louise Prime Builders and Development Corp. 1 and the National Housing Authority (NHA) over the parcels of land described below, to wit: Date of Deed of Conveyance Name of Landowner Transfer Certificate of Title Nos. Aggregate Area (sq. m.) per TCT Area Transferred for NHA Utilization 2 Location of Property/ies May 21, 2020 Jessfer de Jesus Santos _____ _____ _____ Brgy. Calubcob, Naic, Cavite Severino Santos, Jr. _____ _____ _____ Rodolfo Marquez _____ _____ _____ Herminigildo Alcantara _____ _____ _____ Santiago Panganiban _____ _____ _____ Eliseo Rupido _____ _____ _____ Rodolfo Marquez _____ _____ _____ Edmundo Sismaet _____ _____ _____ Virgilio Marquez _____ _____ _____ Fiorello Estuar _____ _____ _____ Fiorello Estuar _____ _____ _____ which shall be used for the Parkstone Estates , consisting of 2,300 developed lots and completed housing units, located at Brgy. Calubcob, Naic, Cavite, 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 8.2 Segment Project of the Department of Public Works and Highways (DPWH), to be undertaken by St. Louise Prime Builders & Development Corp. is not subject to capital gains tax/creditable withholding tax, documentary stamp tax and value-added tax pursuant to Sections 19 and 20 of Republic Act (RA) No. 7279 and Section 109 (1) (P) of the 1997 Tax Code, 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 to effect transfer of the land titles in the name of the NHA without the Certificate Authorizing Registration (CAR) issued by this Bureau. In this regard, this CTE, together with the documentary requirements provided under 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 Register of Deeds having jurisdiction over the property, to the effect that the same are to be applied or are being applied to a socialized housing project pursuant to RA 7279. 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 1st day of December, 2020. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. With Special Power of Attorney executed by the landowners. 2. Subject to NHA Certification as to the actual area being utilized for the socialized housing project.
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