BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Aug 13, 1968
Full text
August 13, 1968 Mr. Anastacio s. Sarausa 2832 Limay Street Tondo, Manila S i r : In reply to your letter dated July 30, 1968, I have the honor to inform you that an owner of a sari-sari store is subject to the graduated annual fixed tax (C-13), the initial amount of which is P10.00 pursuant to Section 182(A)(2) of the Tax Code. Thereafter, the amount of tax will depend upon the amount of gross sales during the preceding year. However, if such gross annual sales do not exceed P2,000.00, no tax will be due. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
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