November 16, 2009
BIR RULING [SH-(112) 716-09]
RA No. 7279; BIR Ruling No. DA-132-06
National Housing Authority
Quezon Memorial Elliptical Road
Diliman, Quezon City 1100
Attention: Ms. Ma. Rosario L. Villanueva
Officer-in-Charge
Estate Management Department
Gentlemen :
This refers to your letter dated October 5, 2009 requesting for a ruling that the transfer of real property by the National Housing Authority (NHA) in favor of individual project beneficiaries is exempt from documentary stamp taxes.
Documents show that the NHA has awarded, in favor of Virginia G. Sarmiento, Teresita G. Jarquio, Renato M. Guerrero, Rigoberto M. Guerrero, Siegfrido M. Guerrero, and Rhodora G. Goldsmith, a parcel of land under its housing project known as Tunasan Estate covered by Transfer Certificate of Title. No. 0-845 situated in Lot 11, Block 35, Psd NR-224, Tunasan Estate, San Pedro, Laguna, containing an area of 484 square meters.
In reply, please be informed that Section 19 of Republic Act (RA) No. 7279, otherwise known as the Urban Development and Housing Act of 1992 provides as follows:
"Sec. 19. Incentives for the National Housing Authority. — The National Housing Authority, being the primary...
