BIR Ruling

February 27, 1976 Atty. Ceferino R. Magat 3rd Floor Veloso Bldg. 357 David St., Manila S i r : In reply to your letter dated February 13, 1976, I regret to inform you that your request for information regarding the amount corresponding to bonuses appearing in the financial statement submitted to the Bureau of Internal Revenue by the RCPI for the year 1968, cannot be granted in view of the prohibition under Section 347 of the Tax Code as amended by Presidential Decree No. 69 quoted hereunder as follows: "Sec. 347. Unlawful divulgence of trade secrets . Except as provided in Section 81 of this Code and Section 26 of Republic Act Numbered Six Thousand Three Hundred Eighty-Eight, any officer or employee of the Bureau of Internal Revenue who divulges to any person or makes known in any other manner than may be provided by law information regarding the business, income or inheritance of any taxpayer, the secrets, operation, style of work, or apparatus of any manufacturer or producer, or confidential information regarding the business of any taxpayer knowledge of which was acquired by him in the discharge of his official duties, shall be fined in a sum of not more than two thousand pesos or imprisoned for a term of not less than six months nor more than five years, or both." cd Very truly yours, EFREN I. PLANA Acting Commissioner of Internal Revenue TAN-1456-040-3 "TAXPAYERS SHOULD INDICATE THEIR TAN IN ALL COMMUNICATIONS TO THE BIR."