BIR Ruling No. 114-82

April 15, 1982 BIR RULING NO. 114-82 019-00 026-80 114-82 OBU Managers Association P.O. Box 1994, MMC Makati 3117, Metro Manila Attention: Mr . John C . Getzelman Chairman Gentlemen : This refers to your letter dated March 11, 1980 requesting exemption of offshore banking units from the payment of the energy tax on Electric Power Consumption under Batas Pambansa Blg. 36. In reply, I have the honor to inform you that under Batas Pambansa Blg. 36, only residential consumers of electric power utilities are subject to the energy tax on electric power consumption. The energy tax shall apply to every single family dwelling unit whose energy requirements are serviced and measured through only one electric meter issued and installed by an electric power utility company. Accordingly, offshore banking units, not being residential consumers are not subject to the Energy tax on Electric Power Consumption. However, the CBU Managers in their individual capacities maintaining residential house as a single family dwelling unit are subject to the payment of the energy tax. Very truly yours, RUBEN B. ANCHETA Acting Commissioner