BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Oct 14, 1972
Full text
October 14, 1972 Reader's Digest Asia Ltd. 6772 Ayala Avenue Makati, Rizal Attention: Mr . Jack M . Small Director Gentlemen : This refers to your letter dated October 13, 1972 requesting that our ruling dated February 22, 1968 holding that subscription copies of the Reader's Digest which were shipped to your former distributor, Muller & Phipps Ltd. for mailing in the Post Office to the different subscribers were not subject to the advance sales or compensating tax, be made applicable to your importation of the same articles for the same purpose. In reply, I have the honor to inform you that as stated in our aforesaid ruling subscription copies of the Reader's Digest which are shipped to you for mailing in the Post Office to the different subscribers are not subject to the advance sales or compensating tax. cdtech Very truly yours, MISAEL P. VERA Commissioner of Internal Revenue
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