BIR Ruling No. 047-62
BIR Ruling No. 047-62 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Feb 15, 1962
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February 15, 1962 BIR RULING NO. 047-62 The Regional Director BIR Regional District No. 5 San Pablo City S i r : With reference to your letter dated May 9, 1960, requesting opinion whether or not a distillery which could not engage in production for the year 1960 should nonetheless be required to pay the fixed tax as a distiller of spirits under section 182(A)(3)(b) of the Tax Code, as you are informed in the affirmative. The mere fact that if stopped production does not ipso facto relative the distillery of its liability to the fixed tax. It is still in business, the mere selling of stock being considered business. Very truly yours, MELECIO R. DOMINGO Commissioner of Internal Revenue
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