January 10, 2020
CERTIFICATE OF TAX EXEMPTION NO. BOI-LEH-004-20
CERTIFICATE OF TAX EXEMPTION
TO ALL WHOM IT MAY CONCERN :
This certifies that GRUPO SAN PEDRO REALTY CORPORATION, with Taxpayer Identification Number 000-000-000-000, is exempt from income tax and creditable withholding tax on its income received directly in connection with its economic and low-cost housing project (horizontal), La Casas de Maria, consisting of 332 housing units used solely for family home or dwelling purposes, located at Brgy. Indangan, Davao City, a project duly registered with the Board of Investments (BOI) under Registration No. 2016-076 dated April 15, 2016, for a period of 3 years beginning from June 2016 or actual start of commercial operations/selling, whichever is earlier, but in no case earlier than the date of registration of the project with the BOI, pursuant to Executive Order No. 226, otherwise known as the "Omnibus Investments Code of 1987" and Section 2.57.5 (B) (2) of Revenue Regulations No. 2-98, as amended. AIDSTE
Moreover, the sale by the Company of residential lot valued at P1,919,500.00 and below, or house and lot and...
