Tax Imposed on Collection Agency
BIR Ruling No. 083-58 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jan 24, 1958
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January 24, 1958 BIR RULING NO. 083-58 Velasco Credit Service 311-B Regina Building Escolta, Manila Attention : Mr . Jose M . Velasco Manager Gentlemen : In reply to your letter dated January 14, 1958, I have the honor to inform you that a collection agency is classified as a business agent. As a business agent, it is subject to the fixed tax of P75.00 prescribed by Section 182(3)(w) of the Tax Code, as amended by Republic Act No. 1856. cdtech Very truly yours, (SGD.) JOSE ARAAS Commissioner of Internal Revenue
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