BIR Ruling

May 28, 1968 Mrs. Carmen C. Sexton Office of Cultural Affairs Dept. of Foreign Affairs Manila M a d a m : This refers to your letter dated May 13, 1968 stating that you have been assigned as Second Secretary and Consul of the Philippine Embassy in Washington, D.C.; that upon your recall to the home office, you brought home tax-free under the provisions of Republic Act No. 4112 a 1968 Model Delta 88 Holiday Oldsmobile car, with Serial No. 364398-E114881 and Motor No. 8155728; and that due to the high cost of maintaining a car here, you are compelled to sell your car. On the basis of the foregoing facts, you would like this Office to confirm that the above mentioned car may be sold to a non-exempt person without requiring him to pay the taxes due thereon. In reply, I have the honor to inform you that the sale of the car in question to a non-exempt person is not subject to tax, hence, the same may be registered in the name of the prospective buyer without requiring him to pay the tax due thereon. It is understood, however, that the exemption granted to you under the provisions of Republic Act No. 4112 shall not be availed of oftener than once every four years. aisadc Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue