BIR Ruling No. 061-64

September 29, 1964 BIR RULING NO. 061-64 Liberty Paper, Incorporated P. O. Box 643 Manila Attention : Mr . Frank Chiong Manager Gentlemen : This has reference to your letter dated August 27, 1964 stating that you buy ready-made tissue and kraft paper in jumbo rolls with sizes 36" in diameter and 48" in width from local paper mills and that you cut these papers into standard sizes such as 12" x 12" x 480 sheets and 36" x 48" x 480 sheets and wrap them into reams for resale to the public. You also cut the tissue paper into standard size such as toilet paper and sell the same to the public. You now request a ruling as to what kind of tax you are liable on such undertaking. In answer thereto, I have the honor to inform you that, based on the above-mentioned facts, you are considered a manufacturer subject to the fixed and percentage taxes imposed in Sections 182(A)(1) and 186, both of the Tax Code. LexLib Very truly yours, (SGD.) BENJAMIN N. TABIOS Acting Commissioner of Internal Revenue