Phintecstar Construction, Inc.

July 30, 2020 CERTIFICATE OF TAX EXEMPTION NO. NSH-434-20 CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN : This certifies that PHINTECSTAR CONSTRUCTION, INC. (TIN: 000-000-000-000), an entity engaged by the National Housing Authority (NHA), is exempt from project-related income taxes and creditable withholding tax, pursuant to Section 20 (d) (1) 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: Date of Notice of Award Date of Contract Agreement Contract Price (Php) Project Name Location No. of Socialized Housing Units subject of tax exemption June 6, 2019 August 1, 2019 P____________ Balangiga Town Ville 1 & 2 Brgy. Cansumangkay, Balangiga, Eastern Samar Remaining Works for 460 Developed Lots and 389 Housing Units (New Construction of 159 Housing Units and Completion of 230 Housing Units Started) Moreover, the Deed of Absolute Sale/Unilateral Sale Executed by the Landowner in favor of the NHA over the parcels of land described below, to wit: HTcADC Date of Deed of Absolute Sale Name of Landowner/ Seller Transfer/Original Certificate of Title No. Area (Sq.m.) Total Area Transferred (Sq.m.) Location May 29, 2020 AAA TCT No. 905 OCT No. 12117 48,235 1,821 34,604 1,821 Brgy. Cansumangkay, Balangiga, Eastern Samar in so far as 34,752 sq.m., the area corresponding to the 460 developed lots and 389 housing units 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 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. Moreover, PHINTECSTAR CONSTRUCTION, INC. shall be liable for all other applicable taxes not discussed above. CAIHTE 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 30th day of July, 2020. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue