BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Aug 1, 1967
Full text
August 1, 1967 Atty. Jaime V. Miranda 26 Detroit St. Quezon City S i r : This refers to your letter of even date and your verbal representation stating that you are negotiating to buy one 1966 model Lincoln continental car from Mrs. Josefina Gutierrez of the Department of Foreign Affairs which she brought home on January 1966 after she was reassigned in the home office; that Mrs. Gutierrez served as Technical Assistant in the Philippine Consular Office in San Francisco, U.S.A.; and that among the personal and household effects she brought home tax-free under the Republic Act No. 4112 is the abovementioned car. cdpr You now want to be informed whether the sale of said car to a non-exempt person is subject to internal revenue tax. 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. LexLib It is understood, however, that the exemption under the provisions of Republic Act No. 4112 shall not be availed of oftener than once every four years. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
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