BIR Ruling

April 26, 1974 Mr. Bonifacio I. Guintu 246 Constancia Street Sampaloc, Manila S i r : In reply to your letter dated April 2, 1974, I have the honor to inform you that the equipment coming in from the National Technical Schools in Los Angeles, California, which form part of your correspondence course are subject to the compensating tax prescribed in Section 190 of the Tax Code. Thus, the black and white TV 74 sq. in. picture is subject to the 40% compensating tax pursuant to Section 190 in relation to Section 185-B, both of the Tax Code; while the Lo-Silho Superhet Radio, 6-Transistor Pocket Radio, FET Volt-Ohmmeter, Electronic Tube Checker, and Signal Generator 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.) MISAEL P. VERA Commissioner of Internal Revenue TAN-1601-593-5 "TAXPAYERS SHOULD INDICATE THEIR TAN IN ALL COMMUNICATIONS TO THE BIR."