BIR Ruling

February 17, 1969 MEMORANDUM FOR The Chief, Tax Accounts Division BIR, Manila This refers to the suggestion, contained in your letter dated November 27, 1968, that documentary stamps on tax clearance certificates be affixed on the original thereof to minimize the racket on fake tax clearance certificates. Section 203 of Regulations No. 26, the Documentary Stamp Tax Regulations, as amended by Regulations No. 77, provides that "in cases of warehouses receipts, certificates of stock, passage tickets, and other documents having stubs or duplicates kept by the person issuing them, the documentary stamp shall be adhered to the stubs or duplicates thereof, and that a note properly initialed by a responsible person on the face of such documents shall be made as follows: 'Documentary stamps to the value of P_____ have been affixed to the stub, or to the duplicate' (as the case may be)." The annotation to be indicated on the face of the original of the tax clearance certificate duly initialed by a responsible internal revenue officer has the effect of as if the corresponding stamps are affixed thereon. The evil sought by your proposition would equally be avoided to no lesser degree by strict adherence to the requirement of the regulations. You are enjoined to be guided accordingly. cdta (SGD.) MISAEL P. VERA Commissioner of Internal Revenue