BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • May 10, 1973
Full text
May 10, 1973 Mr. J. M. Comia Pharmaceutical Industries Zuellig Building, Buendia Avenue Makati S i r : In reply to your letter addressed to the Commissioner of Customs dated April 14, 1973, which was referred to this Office for appropriate action, I have the honor to inform you that pharmaceutical samples which are imported to be distributed free of charge to the members of medical profession in the Philippines as a means of introducing a product, are subject to the 7% compensating tax prescribed in Section 190, in relation to Section 186, both of the Tax Code. Very truly yours, (SGD.) CONRADO P. DIAZ Acting 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.