BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Mar 17, 1976
Full text
March 17, 1976 The Regional Director Revenue Region No. 10-A Cagayan de Oro City S i r : This is in connection with your 1st Indorsement dated January 27, 1976, forwarding the basic letter of the Revenue District Officer, Cagayan de Oro City dated January 13, 1976, requesting a ruling whether or not Mindanao Post, a newspaper substantially printing on its paper advertisement and judicial notices is subject to 3% contractors tax under Section 191(15) of the Tax Code. In reply, please be informed that examination of the contents of the aforesaid newspaper, disclosed that it contains articles of general interest; that it appears at regular intervals with fixed prices for subscription and sale; and that it is not devoted principally to the publication of advertisements. Such being the case, said newspaper is exempt from the 3% tax imposed under Section 191(15) of the Tax Code. aisadc Very truly yours, CONRADO P. DIAZ Acting Commissioner of Internal Revenue TAN-1182-568-4
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