June 8, 2020
CERTIFICATE OF TAX EXEMPTION NO. NSH-294-20
CERTIFICATE OF TAX EXEMPTION
TO ALL WHOM IT MAY CONCERN :
This certifies that BRUNO C. BANGAO CONSTRUCTION (TIN: 000-000-000-000), an entity engaged by the National Housing Authority (NHA), is exempt from project-related income taxes, creditable withholding tax and value added tax (VAT), pursuant to Section 20 (d) (1) and (3) 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 land development of Camp Gregg PNP Housing Project under the NHA's Socialized Housing Program (insofar as the 292 socialized lots generated therefrom are concerned), to wit:
Date of Notice of Award | Date of Contract Agreement | Contract Price (Php) | Project Name | Location | No. of Socialized Lots subject of Tax Exemption |
December 19, 2013 | Feb. 25, 2014 1 Mar. 01, 2014 2 | P___________ | Land Development of Camp Gregg PNP Housing Project | Brgy. Zone 6, Bayambang, Pangasinan | 292 3 |
However, the purchases of goods/articles by BRUNO C. BANGAO CONSTRUCTION shall be subject to VAT, even if the said purchases are to be...