BIR Ruling No. 066-63

September 23, 1963 BIR RULING NO. 066-63 The Provincial Revenue Officer (Thru the Regional Director Regional District No. 6 Naga City S i r : Reference is made to your letter dated July 29, 1963, requesting information on the queries contained therein relative to the enforcement of the provisions of Republic Act No. 3704 which amended Sections 182 and 189 of the Tax Code. prcd In reply thereto, you are hereby informed as follows: Operators, proprietors or owners of rice and/or corn mills are now subject to graduated fixed annual tax based on the rates prescribed in the aforesaid Act beginning July 1, 1963. However, inasmuch as this is an annual tax, they may pay only one-half () of the tax corresponding to the second semester of 1963, payment of which should be made on or before July 22, of this year. (Rev. Mem. Cir. No. 17-63) Payment of the aforesaid tax after the aforementioned date will be subject to compromise penalty. One-half of the fixed tax of P20.00 paid in full at the beginning of the year by said operators, proprietors or owners corresponding to the whole year of 1963 prescribed by Section 182(A)(1) of the Tax Code shall represent payment of the said tax for the first semester of this year. The other half may be credited in payment of one-half of the graduated fixed tax provided for by Section 1 of Republic Act No. 3704 for the second semester of 1963, payment of the balance should be made on or before July 22, 1963; otherwise the taxpayer shall be subject to compromise penalty for late payment made after that date. LLpr Very truly yours, (SGD.) JOSE B. LINGAD Acting Commissioner of Internal Revenue