Taxability of a Rice Mill Operator
BIR Ruling No. 029-68 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Oct 29, 1968
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October 29, 1968 BIR RULING NO. 029-68 United Milling Company Lilia Avenue, Cogon Combado, Ormoc City Attention : Mr . Rosino Dawat Sia Manager/Partner Gentlemen : In reply to your letter dated June 6, 1968, I have the honor to inform you that as operator of rice mill with capacity of not exceeding 200 cavans per twelve hour operation who commenced business only in the second semester of the year 1967, you are liable to a fixed tax of only P200.00 corresponding to said semester and not P400.00 corresponding to the whole year of 1967 pursuant to Section 181 of the Tax Code. aisadc Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
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