BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Aug 18, 1969
Full text
August 18, 1969 Mr. Jose R. Protacio Certified Public Accountant 7356 J. Victor St. Makati, Rizal S i r : This refers to your letter of even date requesting in effect information as to whether or not sales effected by your client, PEMEL MARKETING, a firm engaged in the buying and selling of general merchandise and a holder of PTR (C-13), to government agencies and instrumentalities is subject to the withholding tax provision of Republic Act No. 1051 as implemented by Revenue Regulations No. 21-67. In reply, I have the honor to inform you that sales effected by general merchants who are subject to the graduated annual fixed tax (C-13) imposed in Section 182 (A) (2) of the Tax Code is exempt from the withholding of internal revenue taxes prescribed by Republic Act No. 1051 as implemented by Revenue Regulations No. 21-67. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.