BIR Ruling No. 094-61
BIR Ruling No. 094-61 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Mar 16, 1962
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March 16, 1962 BIR RULING NO. 094-61 CAMACO (Philippines) Inc. 2115-2117 A. Mabini St. Malate, Manila Attention : A . F . Cerojano Acting Manager Gentlemen : This will acknowledge receipt of your communication dated March 7, 1961, relative to your query on "whether in the computation of the 3% contractor's tax the materials used is included, or 3% on labor only". In answer thereto, you are hereby informed that the basis of the contractor's tax in your query shall be the costs of both materials and labor if the contract requires the contractor to use his own materials and labor. If the contract is for labor alone, then the basis of the tax shall be the cost of labor only. Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue
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