February 5, 2020
CERTIFICATE OF TAX EXEMPTION NO. PSH-131-20
CERTIFICATE OF TAX EXEMPTION
TO ALL WHOM IT MAY CONCERN :
This certifies that RAEMULAN LANDS, INC., with Tax Identification Number 000-000-000-000, is exempt from income tax and creditable withholding tax (CWT) pursuant to Section 20 (d) (1) of Republic Act (RA) 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 sale of socialized house and lot units for residential and dwelling purposes to qualified beneficiaries in Pasinaya Homes, consisting of 1,095 1 house and lot units located at Brgys. Catmon & Bulac, Sta. Maria, Bulacan, a project duly registered with the Housing and Land Use Regulatory Board (HLURB) under Certificate of Registration No. 030253 and License to Sell No. 035068, provided that the selling price of said housing units does not exceed P580,000.00 2 per house and lot packages. IAETDc
Moreover, the sale by the Company of residential lot valued at P1,919,500.00 and below, or house and lot and other residential dwellings valued at...
