BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Oct 29, 1971
Full text
October 29, 1971 The Commissioner Board of Travel and Tourist Industry P. O. Box 3451 Manila S i r : This refers to your letter dated October 14, 1971 requesting that in lieu of affixing documentary and science stamps on hotel receipts, you shall remit the equivalent amount of said stamps based on your monthly sales at the end of each month. cdt In reply thereto, I regret to inform you that your request cannot be granted inasmuch as the same violates Section 237 of the Tax Code which provides that documentary stamp tax shall be paid by the purchase and affixture of the stamps to be document or instrument taxed and by the subsequent cancellation of the stamps. Very truly yours, MISAEL P. VERA Commissioner of Internal Revenue
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.