Grant of Permission to Affix Documentary Stamp on the Proof Sheet or Abstract of Transaction or Similar Summary of Transactions

June 18, 1991 BIR RULING NO. 114-91 200 000-00 114-91 Gentlemen : In reply to your letter dated February 26, 1991 requesting permission to affix documentary stamp on the proof sheet or abstract of transaction or similar summary of transactions, I have the honor to inform you that your request is hereby granted, pursuant to Section 203 of Regulations No. 26, as amended by Regulations No. 77 and Rev. Reg. No. 3-75 and as further amended by Revenue Regulations No. 5-88, which provides, in part, as follows: cdt "Sec. 203. Manner of Payment of Documentary Stamp Tax . . . . THAT, with respect to Banks, THE DOCUMENTARY STAMP MAY BE AFFIXED IN THE PROOF SHEETS OF EACH DEPARTMENT: and that a note properly initialed by a responsible person on the face of such documents shall be made as follows: "Documentary stamps to the value of P __________ have been affixed to xxx/or to/ xxx, or Proof Sheet as the case may be: . . . ." Very truly yours, (SGD.) JOSE U. ONG Commissioner