Publication of the Philippine Aviation and Travel Magazines Exempt from Payment of 3% Tax
BIR Ruling No. 005-68 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • May 20, 1968
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May 20, 1968 BIR RULING NO. 005-68 Mrs. Nattie Templo-Redublo c/o The Philippine Aviation & Travel Magazine Manila International Airport Paraaque, Rizal M a d a m : With reference to your letter dated May 7, 1968 requesting exemption from the payment of the 3% tax on your gross receipts from the sale of "THE PHILIPPINE AVIATION & TRAVEL MAGAZINES which you edit and publish, I have the honor to inform you that, upon examination of the contents thereof, it is found to contain educational features on air transportation and travel and others of general interest, including an editorial, and that it is not devoted principally to the publication of advertisements. It also appears that the magazine is issued at regular intervals (monthly) with fixed price for subscription and sale. In the light of the foregoing, this Office is of the opinion as it hereby holds that the publication of said magazine is exempt from the payment of 3% tax prescribed by Section 191 of the Tax Code. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
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