Whether a Company Engaged in the Manufacture of Plastic Products is Exempt from 1% Withholding Tax
BIR Ruling No. 101-94 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • May 3, 1994
Full text
May 3, 1994 BIR RULING NO. 101-94 50 000-00 101-94 Vassar Industries, Inc. 7272 Malugay Street Makati, Metro Manila Attention: Ms . Georgiana Chua Chief Accountant Gentlemen : This refers to your letter dated November 29, 1993 stating that your company is engaged in the manufacture of plastic products and as such exempt from the 1% withholding tax imposed under Revenue Regulations No. 6-85. In reply, please be informed that since your business is not one of those falling under the "Other Contractors" category enumerated in Revenue Regulations No. 6-85, then you are exempt from the payment of 1% withholding tax pursuant to the said regulations. This ruling is issued on the basis of the foregoing facts as represented. However, if upon investigation it will be disclosed that the facts are different, then this ruling shall be considered null and void. Very truly yours, VICTOR A. DEOFERIO, JR. Acting Commissioner (Officer-in-Charge)
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.