BIR Ruling No. 002-61

January 6, 1961 BIR RULING NO. 002-61 This is in answer to your letter dated . . ., requesting this Office to request the Bislig Bay Lumber Company to pay its income tax in your municipality. cdpr The law directs juridical entities such as corporations to file their income tax returns in the place where their principal office or main business is located but does not specify where payment of the tax should be made. Accordingly, there appears no basis to require the company or any taxpayer for that matter to pay the income tax in a given place. However, under the present procedure of filing the income tax return and paying the tax thereon, (the "pay-as-you-file" system), said tax is to be paid upon the filing of the return. It would seen to follow, therefore, that the income tax must be paid in the place where the return is filed. (BIR Ruling No. 73, March 1, 1960). This procedure of payment is, however, directory and does not prohibit the taxpayers from paying their income tax in a place other than place where they filed their returns provided that they pay within the prescribed period. prcd