BIR Ruling

March 16, 1972 Mr. Alberto D. Torres Progressive Development Corporation Progressive Bank Bldg., Araneta Center Quezon City S i r : In reply to your letter dated January 29, 1972, requesting information as to the requirements to be complied with before tickets used in an amusement place can be burned, I have the honor to quote hereunder paragraphs (g) and (h), Section 10 of Revenue Regulations No. 14-67 dated May 3, 1967 otherwise known as the "Revised Amusement Tax Regulations": "(g) When the tickets are presented for admission to the gate or entrance of an amusement place, the same shall be divided crosswise into two by the porter or gate-keeper. One half thereof shall be delivered to the patron and the other half kept in a receptacle provided for the purpose which shall be preserved by the proprietor, lessee or operator of the amusement place until they shall have been verified by duly authorized internal revenue officer. The said receptacle shall be submitted to the Revenue District Officer for verification of the contents thereof within ten (10) days after the end of each quarter. In no case shall said tickets be destroyed without the prior authority of the Commissioner of Internal Revenue. Destruction shall be done only by burning." "(h) The authority to burn the used tickets shall be granted by the Commissioner of Internal Revenue after the amusement taxes due on the used admission tickets have been paid and the correctness thereof duly verified. The burning, if in Manila, shall be witnessed by the proprietor, lessee or operator of the amusement place, or his designated representative, a representative of the Chief, Business Tax Division, and two (2) representatives of the Regional Director one from the Revenue District Officer's Office and the other from the Assessment Branch; and, if in the provinces, the burning shall be witnessed by the proprietor, lessee or operator of the amusement place, or his designated representative, and the revenue district officer and two (2) other ranking employees of the latter's office." cdta Very truly yours, MISAEL P. VERA Commissioner of Internal Revenue