Tax Liability and Exemption of a Manufacturer or Producer Who Exports All its Productions Abroad
BIR Ruling No. 097-84 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • May 25, 1984
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May 25, 1984 BIR RULING NO. 097-84 192 (1)-25-82-097-84 Gentlemen : In reply to your letter dated March 7, 1984, please be informed that a manufacturer or producer who exports all its productions abroad is subject to the fixed annual tax of P100.00 prescribed in Section 192(1) of the Tax Code, as amended but exempt from the percentage tax under Section 202 of the same Code. Its sales are not also subject to the graduated annual fixed tax. adc Very truly yours, (SGD.) RUBEN B. ANCHETA Acting Commissioner
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