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Mach 6, 2020CERTIFICATE OF TAX EXEMPTION NO. PSH-200-20CERTIFICATE OF TAX EXEMPTIONTO ALL WHOM IT MAY CONCERN :This certifies that the Deed of Absolute Sale executed by the Landowner in favor of the City Government of Tabaco, over the parcel of land described below, to wit: Date of Deed of Absolute SaleName of LandownerTransfer Certificate of Title (TCT) No.Area (Sq. m.)Area Transferred (Sq. m.)Area for Socialized Housing (Sq. m.)LocationSeptember 11, 2018AAA, married to BBBT-1061603,6963,6963,696 1 Barrio of San Lorenzo, Municipality of Tabaco 2  which shall be used exclusively for the land development of the core shelter/resettlement site program of the City of Tabaco, is not subject to capital gains tax pursuant to Section 20 of Republic Act (RA) No. 7279, as amended by RA No. 10884 (Balanced Housing Development Program Amendments) dated July 17, 2016, or withholding tax under Revenue Regulations (RR) No. 2-98, as amended. However, the sale is subject to documentary stamp tax (DST) imposed under Section 196 of the National Internal Revenue Code of 1997, as amended, based on the actual consideration of...