BIR Ruling No. 108-61

April 25, 1961 BIR RULING NO. 108-61 The Regional Director Regional District No. 3 Manila S i r : Miss Yolanda A. Zara of Port Facilities, Inc., 409 Martinez Bldg., Dasmarias, Manila, has advised this Office that as the classification of the business appearing in the privilege tax receipt issued by the Office of the City Treasurer, Manila, to said corporation is C-7 (stockbroker), that Office refuses to approve its books of accounts, the business as appearing in its articles of incorporation being that of customs broker (C-9). Moreover, there are other kinds of businesses appearing as secondary purposes of the corporation for which privilege tax has been paid yet. llcd On the other hand, Miss Zara claims that she will go to the Office of the City Treasurer for the purpose of requesting the rectification of the error made in the classification of the taxpayer's business and that the taxpayer is at present engaged in the business of customs broker only, it not having embarked yet on any of those businesses enumerated as secondary purposes of the corporation, the same being a new corporation. In view of the foregoing, and considering that no prejudice will be suffered by the government if the books of accounts being presented by the taxpayer are approved notwithstanding the above-mentioned circumstances, it will be appreciated if you can cause such approval of the books for use of the taxpayer in the business of customs broker. LibLex Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue