BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Aug 16, 1972
Full text
August 16, 1972 The Honorable The Auditor General Quezon City Attention: Mr . Jose S . Trinos S i r : In reply to your letter dated August 16, 1972, I have the honor to inform you that the sale of Ramie Textiles, Inc. to the Bureau of Prisons of fabrics is not subject to the withholding tax prescribed by R.A. No. 1051, as implemented by Revenue Regulations No. V-40, said sale being subject to the sales tax which cannot be computed or determined at the time of payment of the purchase price. A certificate of tax clearance issued to a taxpayer is applicable to all transactions for which the presentation thereof by the taxpayer is required. Very truly yours, MISAEL P. VERA Commissioner of Internal Revenue
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