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Exemption from the Payment of Documentary Stamp Tax

BIR Ruling No. 031-81 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Feb 4, 1981

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February 4, 1981 BIR RULING NO. 031-81 248-2 000-00 031-81 Philippine Veterans Bank Bonifacio Drive, Port Area M a n i l a Attention: Mr . Eulalio B . Menla, Jr . Asst . Vice-President & General Manager Gentlemen : In reply to your letters dated October 1 and 12, 1980, I have the honor to inform you the checks you issue in payment of pension, gratuities or compensation to veterans, their widows, heirs, or dependents are exempt from the payment of documentary stamp tax under Section 248(2) of the National Internal Revenue Code of 1977, as amended. Very truly yours, RUBEN B. ANCHETA Acting Commissioner

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