BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Apr 22, 1977
Full text
April 22, 1977 Mr. Narciso N. Andaya Suite 319 Samanillo Building Escolta, Manila S i r : In reply to your letter dated February 17, 1977, I have the honor to inform you that the dried and smoked fish of your client which are subsequently exported by him is exempt from the percentage tax, pursuant to Section 188(b) of the Tax Code. He is also not subject to the fixed tax imposed by Section 182(A)(1) of the same Code. However, your client is subject to income tax. cdti Very truly yours, EFREN I. PLANA Acting Commissioner of Internal Revenue TAN-P4519-F2828-A-8
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