BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Nov 21, 1967
Full text
November 21, 1967 Amalgamated Technical Services, Ltd. Rm. 804 Katigbak Bldg. T. M. Kalaw Street Ermita, Manila Attention: Mr . Ramon A . Bernal Sr . Manager S i r : In reply to your letter dated October 25, 1967, I have the honor to inform you that the local manufacture of toothpaste product by a foreign company is not included in any tax exemption program of the government. Manufacturers of toothpaste and semi-finished products for toothpaste are subject to the fixed annual tax of P20.00 and to the 7% sales tax prescribed by Sections 182(A)(1) and 186, both of the Tax Code. Such manufacturers are also subject to Philippine income and additional residence taxes. Very truly yours, (SGD.) AMBROSIO M. LINA Acting Commissioner of Internal Revenue
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