Exemption from 10% Overseas Tax — Outgoing Telecommunication Services
BIR Ruling No. 039-80 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • May 7, 1980
Full text
May 7, 1980 BIR RULING NO. 039-80 Philippine Oil & Geothermal Energy, Inc. Ground Floor, Kalayaan Building Cor. Salcedo & de la Rosa Sts. Legaspi Village, Makati Metro Manila Attention: Mr . Augusto P . Quirino Asst . Vice President Operation Gentlemen : In reply to your letter dated February 15, 1980, please be informed that since the firm is a service contractor exempt from the payment of all taxes except income tax pursuant to the provisions of P.D. No. 87, as amended, payments made by that firm on outgoing telecommunication services are exempt from the 10% overseas tax prescribed in Section 290-A of the National Internal Revenue Code, as amended.(BIR Ruling Nos. 036 and 123, s. 1979). Very truly yours, RUBEN B. ANCHETA Deputy Commissioner
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