BIR Ruling No. 053-61

January 31, 1961 BIR RULING NO. 053-61 In reply to your letter dated . . ., I have the honor to inform you that owners or operators of barber shops are not subject to any business tax, for internal revenue tax purposes. Barber shops are not embraced within the words "beauty parlors" as contemplated in Section 191 of the Tax Code, as amended. However, said owners or operators of barber shops are subject to the income and residence taxes prescribed by the provisions of Title II of the Tax Code and Residence Tax Law, respectively. Accordingly, an owner or operator of a barber shop, for being subject to internal revenue taxes, and whose quarterly gross earnings or receipts do not exceed P5,000.00 is required to keep and use a simplified set of Bookkeeping Records duly authorized by the Secretary of Finance wherein all transactions and results of operations are shown and from which all taxes due the Government may readily and accurately be ascertained and determined anytime of the year. (Sec. 334, Tax Code.) Such simplified set of bookkeeping records must, therefore, be approved and registered with this bureau before using the same. (Sec. 19, Revenue Regulations No. V-1, as amended by Revenue Regulations No. V-45.) cdasia