BIR Ruling

March 16, 1973 Miss Angela Peaflorida Indang, Cavite M a d a m : In reply to your letter dated January 8, 1973 to the Secretary of Public Information, which was referred to this Office for appropriate action, I have the honor to inform you that the 40% reduction of delinquent accounts mentioned in your letter is the condonation provided for in Presidential Decree No. 68, which covers only internal revenue taxes and does not apply to delinquent real estate taxes. It appearing that your delinquent account is real estate tax, you could not have availed of the privileges provided for in the aforementioned decree, which authorized reduction of unpaid internal revenue taxes; if assessed on or before November 24, 1972 as follows: (a) by 40%, if paid on or before January 31, 1973; and (b) by 20%, if paid on or before February 28, 1973. aisa dc Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue