February 6, 2020
CERTIFICATE OF TAX EXEMPTION NO. BOI-LEH-142-20
CERTIFICATE OF TAX EXEMPTION
TO ALL WHOM IT MAY CONCERN :
This certifies that SUMMERHILLS HOME DEVELOPMENT CORP., with Taxpayers Identification Number (TIN) 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, Reginarosa Residences-Barangay Sta. Teresita, Sto. Tomas, Batangas, consisting of 450 house and lot units used solely for family home or dwelling purposes, located at Barangay Sta. Teresita, Sto. Tomas, Batangas, a project duly registered with the Board of Investments (BOI) under Registration No. 2018-088 dated April 19, 2018, for a period of four (4) years beginning from April 2018 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 (EO) No. 226, otherwise known as the "Omnibus Investments Code of 1987" and Section 2.57.5 (B) (2) of Revenue Regulations (RR) No. 2-98, as amended. ETHIDa
Moreover, the sale by the Company of residential lot valued...
