BIR Ruling

March 24, 1976 Mr. Elias E. Vega 4104 Peony Way Fairfax Virginia 22030 U. S. A. S i r : This refers to your letter dated February 2, 1976 stating as follows: "I am non-resident citizen of the Philippines coming to resettle thereat in May, 1976. I will bring with me bedroom and dining room furnitures, a sewing machine, TV set, stereo set, a typewriter, books and a motor vehicle all with a total depreciated value of about $3,000.00. The last three articles will be used by me in the exercise of my profession as a lawyer. All of these articles including wearing apparel, are not for sale, barter, or exchange." You now request for a ruling as to whether you are exempt from the payment of compensating tax on the said articles which you are bringing to the Philippines. In reply, I have the honor to inform you that as a non-resident citizen coming to resettle in the Philippines, you are exempt from the payment of compensating tax on the following articles or personal effects which you are bringing to the Philippines pursuant to Section 190(e) of the Tax Code, as amended by Presidential Decree No. 69: Bedroom and dining room furnitures 1 Sewing machine 1 TV set 1 Stereo set 1 Typewriter Books and wearing apparels However, the motor vehicle which you will bring with you is subject to the compensating tax pursuant to Section 190(f) of the Tax Code, as amended by Presidential Decree No. 69. aisa dc Very truly yours, CONRADO P. DIAZ Acting Commissioner of Internal Revenue TAN-1182-568-4 "TAXPAYERS SHOULD INDICATE THEIR TAN IN ALL COMMUNICATIONS TO THE BIR."