Refund of Additional Fixed Taxes Collected

February 17, 1958 BIR RULING NO. 110-58 Mr. Ramon Joaquin P.O. Box No. 786 Manila S i r : In reply to your letter dated January 22, 1958, regarding the refund of additional fixed taxes collected for 1956, I have the honor to inform you as follows: The increased rate of fixed taxes on occupations prescribed by Republic Act No. 1612 took effect on January 1, 1957, pursuant to Section 182(B) of the Tax Code, as amended by Republic Act No. 1856. Accordingly, the amount collected as occupation taxes in excess of the rates existing prior to January 1, 1957 shall be refunded or credited to the taxpayer provided that the claim for credit or refund is filed in writing with the Commissioner of Internal Revenue within two years counted from the date of payment. LLphil However, the additional real estate dealer's fixed tax paid in 1956 is not refundable because the increased rates of the fixed taxes on business took effect on August 24, 1956. Very truly yours, (SGD.) JOSE ARAAS Commissioner of Internal Revenue