BIR Ruling No. 089-82

March 24, 1982 BIR RULING NO. 089-82 205-16 000-81 089-90 Pinpin Security & Protective Agency, Inc. Clark View Subdivision Angeles City Attention: Mr . Carlos P . Pinpin President Gentlemen : This refers to your letter dated July 17, 1980 requesting information as to the kind or tax you are liable as a security agency in view of the provision of P.D. No. 1457. In reply, I have the honor to inform you that as a security agency, you are subject to the annual fixed tax of P100.00 prescribed in Section 192(1) of the Tax Code of 1977, as amended, and to the 3% contractor's tax on your gross receipts imposed under Section 205(16) of the same Code. Moreover, 15% of the gross payments to you are subject to 3% expanded withholding tax under Section (f) of Revenue Regulations No. 13-78 as amended by Revenue Regulations No. 6-79 implementing Presidential Decree No. 1351, now Section 53(f) of the Tax Code. cdtech Very truly yours, RUBEN B. ANCHETA Acting Commissioner