Exemption of the Presentation of Body Shots '89 from the Amusement Tax

May 10, 1989 BIR RULING NO. 099-89 123 000-00 099-89 Gentlemen : This refers to your letter dated March 17, 1989 stating that the Fashion Designers Association of the Philippines, a non-stock, non-profit organization, will be presenting Body Shots '89 on May 26, 1989 at the Philippine International Convention Center Reception Hall in connection with its annual search for male and female models; that the proceeds to be derived from the same presentation will benefit the residents of Agdangan, Quezon, thru the Bondoc Peninsula Foundation, Inc., whose main thrust is the development of viable livelihood projects designed to uplift their economic conditions through agricultural and industrial assistance. You now request that the proceeds to be derived therefrom be exempt from payment of taxes. In reply, please be informed that the aforesaid presentation of Body Shots '89 is not one of the activities subject to the amusement tax prescribed by Section 123 of the Tax Code, as amended. Hence, the proceeds to be derived from said presentation is not subject to the amusement tax prescribed therein nor to income tax. cdtech Very truly yours, (SGD.) JOSE U. ONG Commissioner