BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Apr 10, 1973
Full text
April 10, 1973 Mr. Santiago O. Flauta Kiamba, South Cotabato S i r : This refers to your letter dated January 19, 1973 requesting information as to whether the monthly gratuity which you are receiving as a retired government employee is subject to income tax and should therefore be included in your yearly income tax return. In reply thereto, I have the honor to inform you that pursuant to Section 25(c) of Commonwealth Act No. 186 as amended by Republic Act Nos. 660 and 728, all benefits granted by the Government Service Insurance System are exempt from all types of taxes. Accordingly, monthly gratuity from the GSIS are not subject to tax and need not be included or declared as part of gross income for income tax purposes. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.