BIR Ruling

April 2, 1968 Mr. Jesus O. Tuazon 1515 Colorado St. Ermita, Manila S i r : This refers to your letter dated March 29, 1968 stating that you are negotiating to buy one 1966 Model Pontiac, 2 door hardtop car with Motor No. 38022145 from Vice Consul Sime D. Hidalgo of the Department of Foreign Affairs which he brought home on July, 1966 after he was reassigned in the home office; that Mr. Hidalgo served as Philippine Vice Consul in New Orleans, La., U.S.A.; and that among the personal and household effects he brought home tax-free under Republic Act No. 4112 is the abovementioned car. You now want to be informed whether the sale of said car to a non-exempt person is subject to internal revenue tax or whether there is a law or regulation prohibiting him from disposing the same. In reply, I have the honor to inform you that the sale of the car in question is not subject to tax, nor is the sale or other disposition thereof prohibited under existing law. It is understood, however, that the exemption granted to Vice Consul Hidalgo under the provisions of Republic Act No. 4112 shall not be availed of oftener than once every four years. adc Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue