BIR Ruling No. 044-65

May 14, 1965 BIR RULING NO. 044-65 Mr. Leopoldo O. Aranguren 14 Maria Clara Street San Pablo City S i r : This refers to your letter dated January 26, 1965 stating that you intend to open a Gun Store in the City of Manila and branch stores in the provinces and cities. You now request information as to the internal revenue taxes that you should pay on said business. In answer thereto, I have the honor to inform you that one who sells firearms and ammunitions is considered a dealer in firearms and ammunitions subject to the graduated tax prescribed by Section 291 of the National Internal Revenue Code as follows: LLjur "Dealers selling one thousand or more firearms of all kinds in a year, two thousand pesos (P2,000.00). "Dealers selling less than one thousand firearms of all kinds in a year, one thousand two hundred pesos (P1,200.00). "Dealers selling or manufacturing one million or more rounds of ammunition of all kinds in a year, three hundred pesos (P300.00). "Dealers importing or selling less than one million rounds of ammunition of all kinds in a year, two hundred pesos (P200.00)." For maintaining branch stores in the provinces or cities, you shall not be subject to additional license fees, but the firearms and ammunitions sold in the branch stores shall be taken into account in determining the license fees to be paid by your main store.(B.I.R. Ruling File No. 146.02, May 17, 1940) As to municipal taxes and other requirements, it is suggested that you take the matter up with the municipal authorities. cdta Very truly yours, (SGD.) BENJAMIN N. TABIOS Acting Commissioner of Internal Revenue