BIR Ruling

August 24, 1973 The Regional Director Revenue Region No. 1 Baguio City S i r : In reply to your letter dated July 11, 1973 requesting information on the applicability of Presidential Decree No. 220, you are informed as follows: Presidential Decree No. 220 took effect on June 20, 1973. In other words, the income tax due on the social security benefits, gratuities, pensions or other similar benefits received before June 20, 1973 by resident citizens, resident aliens, and non-resident citizens from the foreign governments or from foreign private entities which remain unpaid up to the present should be collected by means of the remedies prescribed by law. (See Secs. 2 & 4, Rev. Regs. No. 6-73 dated July 10, 1973) Accordingly, the second installment of the 1972 income tax due on said pensions are still collectible, since the pensions were received in 1972 or before the effectivity of Presidential Decree No. 220. Similarly, the first installment of the 1972 income tax already paid is not refundable. cdtech Please be guided accordingly. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue TAN-1601-593-5 "TAXPAYERS SHOULD INDICATE THEIR TAN IN ALL COMMUNICATIONS TO THE BIR."