BIR Ruling No. 058-64
BIR Ruling No. 058-64 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Aug 12, 1964
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August 12, 1964 BIR RULING NO. 058-64 Mr. Damaso D. Conde Pio V. Corpus Masbate S i r : In reply to your letter dated March 8, 1964 requesting opinion as to whether or not tailor shops deriving monthly gross receipts not exceeding P200.00 are exempt from the fixed annual tax of P20.00 prescribed by Section 182(A)(1) of the National Internal Revenue Code, I have the honor to inform you in the negative. This is for the reason that since tailor shops are subject to 3% tax on their gross receipts regardless of the amount thereof pursuant to Section 191 of the Tax Code, Section 182(C)(1) of the said Code finds no application because, being subject to percentage tax in all instances, they must necessarily have to pay the P20.00 fixed tax prescribed by Section 182(A)(1) of the said Code. aisadc Very truly yours, (SGD.) BENJAMIN N. TABIOS Acting Commissioner of Internal Revenue
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