BIR Ruling

June 14, 1968 Mr. Norberto Z. Valle Foreign Service Staff Officer Dept. of Foreign Affairs Manila S i r : This refers to your letter dated June 11, 1968 stating that you have been assigned as Finance Officer at the Embassy of the Philippines in Rio de Janeiro, Brazil; that upon your recall to the Home Office in October 1967, you brought home tax-free under the provisions of Republic Act No. 4112 a 1966 Cervair (Chevrolet) 4-door Sedan with Serial No. 05396W-1110085 and Motor No. T-1011 RH; and that due to the high cost of maintaining a car in Manila, you are contemplating to sell said car to a non-exempt person. On the basis of the foregoing facts you would like to be informed whether the sale of the above described car is subject to tax. In reply, I have the honor to inform you that the sale of the car in question is not subject to tax, hence, the same may be registered in the name of the prospective buyer without requiring him to pay the tax due thereon. It is understood, however, that the exemption granted to you under the provisions of Republic Act No. 4112 shall not be availed of oftener than once every four years. aisadc Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue