BIR Ruling No. 027-68
BIR Ruling No. 027-68 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Oct 23, 1968
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October 23, 1968 BIR RULING NO. 027-68 Mr. J. V. Paculan P. O. Box 4173, Manila S i r : This refers to your letter dated June 11, 1968 requesting information as to whether or not the cost of materials used in the repair of automobiles and trucks by a repair shop is deductible from the gross receipts in computing the 3% contractor's tax. In reply, I have the honor to inform you that the 3% contractor's tax prescribed by Section 191 of the Tax Code is imposed on the gross receipts of the contractor, no deduction whatever being allowed by said law. casia Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
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