Determination of Gross Receipts of Jeepney Operators
BIR Ruling No. 050-66 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Oct 26, 1966
Full text
October 26, 1966 BIR RULING NO. 050-66 Mr. Ramon F. Domingo 114-2 F. Blumentritt St. Mandaluyong, Rizal S i r : This refers to your letter dated July 27, 1966 requesting information as to what constitutes the gross receipts of jeepney operators upon which the 2% transportation tax is based. In reply thereto, I have the honor to inform you that gross receipts of jeepney operators consist of the total amount of earnings derived from the operation of their jeepney without any deduction. The gross receipts derived from the operation of each jeepney consist of the so-called boundary, the earning of the driver, and expenses for oil and gasoline if taken from the earnings of the jeepney. aisadc Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
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