BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Jan 31, 1974
Full text
January 31, 1974 Mr. Gregorio S. Castelo 8 South A, Quezon City S i r : In reply to your letter dated January 28, 1974, I have the honor to inform you that you are subject to income tax on 50% of the capital gains which you derived on the sale of a piece of land on September 6, 1973 which you originally purchased on July 14, 1970. cdta Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue TAN-1601-593-5
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