BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Mar 1, 1974
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March 1, 1974 Mr. Jose R. Protacio Certified Public Accountants 1134 Narra St., Tondo Manila S i r : In reply to your letter dated January 31, 1974, I have the honor to inform you that your client who is planning to engage in the manufacture and sale of wigs and toupees is subject to the manufacturer's annual fixed tax of P50.00 prescribed in Section 182(A)(1) of the Tax Code and his sales of wigs and toupees is subject to the 7% sales tax prescribed in Section 186 of the same Code. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue TAN-1601-593-5
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