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Documentary Stamp Tax Exemption of PNB Checks Used Exclusively by Philippine Navy

BIR Ruling No. 041-58 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jan 21, 1958

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January 21, 1958 BIR RULING NO. 041-58 Major Jose O. Padilla Finance Officer, PN Headquarters, Philippine Navy Dewey Boulevard, Manila S i r : In reply to your request for exemption from the payment of the documentary stamp tax on PNB checks to be used exclusively by the Philippine Navy, I have the honor to inform you that under Section 236 of the National Internal Revenue Code, checks issued by the Government are exempt from the documentary stamp tax. In view thereof, your request is hereby granted. Very truly yours, (SGD.) JOSE ARAAS Commissioner of Internal Revenue

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