BIR Ruling No. 067-61
BIR Ruling No. 067-61 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Feb 23, 1961
Full text
February 23, 1961 BIR RULING NO. 067-61 With reference to your letter . . ., I have the honor to inform you that the cost of materials and the like used by operators of restaurants or refreshments parlors in the preparation of the foods or refreshments they serve is not deductible from their gross receipts for purposes of the 3% tax prescribed by Section 191 of the Tax Code. cdrep
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