Tax Imposed on the Imported Gold Leaf
BIR Ruling No. 085-59 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Feb 20, 1959
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February 20, 1959 BIR RULING NO. 085-59 Catholic Trade School 1916 Oroquieta St. Manila Gentlemen : In reply to your letter dated February 18, 1959, I have the honor to inform you that the so-called gold leaf, sample submitted, which you are importing for you personal use, being an article made of previous metal, is subject to 50% compensating tax, pursuant to Section 190, in relation to Section 184(b), both of the Tax Code. LLpr Very truly yours, (SGD.) JOSE ARAAS Commissioner of Internal Revenue
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