BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Sep 5, 1973
Full text
September 5, 1973 Messrs. A. R. Martinez & Associates Certified Public Accountants 205 El Hogar Filipinas Bldg. Manila Attention: Mr . Armando R . Martinez Gentlemen : This refers to your letter dated August 27, 1973 requesting information as to whether or not the 25% surcharge imposed under Section 183 of the Tax Code is a proper item of expense deduction from gross income. In reply thereto, I have the honor to inform you that under Section 80 of the Income Tax Regulations only taxes proper are deductible from gross income and does not include the 25% or the 50% surcharges provided for under the Tax Code. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue TAN-1601-593-5 "TAXPAYERS SHOULD INDICATE THEIR TAN IN ALL COMMUNICATIONS TO THE BIR."
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