BIR Ruling No. 026-63
BIR Ruling No. 026-63 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Mar 25, 1963
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March 25, 1963 BIR RULING NO. 026-63 The General Offset Press, Inc. 62 Old Samson Road, Balintawak Quezon City Gentlemen : This has reference to your letter dated February 15, 1963, requesting a ruling on the rate of tax due on the fifteen (15) cases of graphic art films imported by you for use in your off-set photo and platemaking department. llcd In reply thereto, I have the honor to inform you that graphic art films imported for personal use are subject to the 30% compensating tax prescribed in Section 190, in relation to Section 185(J) of the Tax Code. Said tax is based on the total landed cost of the articles without mark-up. This revokes B.I.R. Ruling No. 62-0071. Very truly yours, (SGD.) JOSE B. LINGAD Acting Commissioner of Internal Revenue The above ruling was duly signed by the Acting Commissioner of Internal Revenue on March 25, 1963. LibLex (SGD.) P. F. LANDAS Revenue Operations Head (Legal)
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