Credit or Refund for the Increased Rates of Occupation Tax Prescribed by RA No. 1612

January 24, 1958 BIR RULING NO. 067-58 Mr. Victorino J. Datoc Laoag, Ilocos Norte S i r : In reply to your letter dated January 12, 1958, I have the honor to inform you that the increased rates of occupation tax prescribed by Republic Act No. 1612 took effect on January 1, 1957, pursuant to Republic Act No. 1856, Accordingly, if you paid the amount of P25.00 as tax differential for the year 1956, you may request the credit or refund thereof by filing the corresponding written claim therefor. The fixed taxes may now, at the option of the taxpayer, be paid either in full on or before January 20 of each year, or in two equal semi-annual installments, the first installment to be paid on or before January 20, and the second, on or before July 20 of each year. Very truly yours, (SGD.) MELECIO R. DOMINGO Deputy Commissioner of Internal Revenue