BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Oct 30, 1967
Full text
October 30, 1967 Mr. G. D. Ambrose 2241 Herran St. Sta. Ana, Manila S i r : This refers to your letter dated October 26, 1967 stating that you are negotiating to buy one 1965 Model Austin Princess car with Motor No. 40FB-AH-3989 from former Ambassador Marcial P. Lichauco of the Department of Foreign Affairs which he brought home on January 31, 1966 after he was re-assigned in the home office; that Ambassador Lichauco served as Philippine Ambassador in London; and that among the personal and household effects he brought home tax free under the provisions of Republic Act No. 4112 is the abovementioned car. You now want to be informed whether the sale of said car to a non-exempt person is subject to internal revenue tax or whether there is a law or regulation prohibiting him from disposing the same. In reply, I have the honor to inform you that the sale of the car in question is not subject to tax, nor is the sale or other disposition thereof prohibited under existing law. LibLex Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
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