10% Overseas Telecommunications Service Tax
BIR Ruling No. 025-79 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • May 3, 1979
Full text
May 3, 1979 BIR RULING NO. 025-79 10% Overseas telecommunications service tax In reply to your letter dated August 24, 1978, please be informed that although that firm is registered with the Securities and Exchange Commission in accordance with the provision of Presidential Decree No. 218, as amended, it is not among those exempt from the payment of the 10% overseas communications tax prescribed in Section 290-A of the Tax Code, as inserted by P.D. No. 1457. Accordingly, payments made by that firm on outgoing telecommunication services are subject to the 10% overseas communications tax prescribed by the aforesaid section of the Tax Code.
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