Employment Agency as Business Agent
BIR Ruling No. 027-72 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Oct 26, 1972
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October 26, 1972 BIR RULING NO. 027-72 Employment agency as business agent . A firm which engages in the business of recruiting prospective industrial and office employees for the account and employ of its clientele-companies is an employment agency; hence, it will fall within the purview of a business agent as defined in Section 194(v) of the Tax Code. As such, it is subject to the payment of the fixed annual tax of P50.00 and 3% tax on its monthly gross receipts pursuant to Section 182(A)(1) and Section 191(18), respectively, of the Tax Code. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
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