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Certificate of Tax Exemption No. NSH-398-20

Certificate of Tax Exemption No. NSH-398-20 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jul 20, 2020

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July 20, 2020 CERTIFICATE OF TAX EXEMPTION NO. NSH-398-20 CERTIFICATE OF TAX EXEMPTION This certifies that the Deed of Absolute Sale (DOAS) executed by AAA and BBB in favor of the National Housing Authority (NHA) over the parcel of land described below, to wit: Date of Deed of Absolute Sale Name of Sellers Transfer Certificate of Title No. Aggregate Area (sq. m.) Area Transferred Location of Property Undated AAA and BBB 090-2019004622 104,121 sq. m. 46,370 sq. m. Nalumsan/ Kinalkalan/ Balantian, Carles, Iloilo with respect to 45,008 sq.m. which shall be used for the Kinalkalan People's Village under the Yolanda Permanent Housing Projects (YPHP) in the Municipality of Balasan, Iloilo, with 600 house and lot units to be awarded to the beneficiaries affected by typhoon Yolanda in the Municipality, is not subject to creditable withholding tax/capital gains 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 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 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. HTcADC Upon application for exemption, a lien on the title of the land shall be annotated by the Register of Deeds having jurisdiction over the properties, to the effect that the same is to be applied or is 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 20th day of July, 2020. CAIHTE (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue

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