BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Jan 24, 1974
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January 24, 1974 The Manager Duro Ice Plant & Cold Storage Rm. 11 Borgaily Building San Pedro St., Davao City M a d a m : In reply to your letter dated November 26, 1973 to the Assistant Executive Secretary, Malacaang, Manila, which was referred to his Office for appropriate action. I have the honor to inform you that payment of the franchise tax to be imposed by the City Government of Davao under Presidential Decree No. 231 otherwise known as the Local Tax Code does not relieve you of your franchise tax liability to this Bureau. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue TAN-1601-593-5
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