BIR Ruling

February 18, 1972 Filipinas Broadcasting Network, Inc. 5th Floor Oledan Bldg., Ayala Ave. Makati, Rizal Attention: Roberto V . Gozum Asst . General Manager Gentlemen : This refers to your letter dated January 3, 1972 requesting exemption from the payment of the annual fixed tax of P500.00 as provided for in Section 182(A)(3)(gg) of the Tax Code, as amended by Republic Act No. 6110. In reply, I have the honor to inform you that since Republic Act No. 2889 enacted on June 18, 1960 exempting all radio broadcasting and television stations, then authorized or which may henceforth be authorized to operate in the Philippines from the payment of the franchise and privilege taxes, is a special law, said Act will prevail over the National Internal Revenue Code, which is a general law. Accordingly, since you are a radio broadcasting station, you are exempt from the payment of the annual fixed tax of P500.00. (BIR Ruling No. 70-045, October 19, 1970) Very truly yours, MISAEL P. VERA Commissioner of Internal Revenue