BIR Ruling No. 132-65

December 17, 1965 BIR RULING NO. 132-65 Mr. Lorenzo M. Mosuela Internal Audit Service Bureau of Posts M a n i l a S i r : This refers to your letter dated November 19, 1965 requesting as to whether or not a 50-centavo documentary stamp is required to be affixed to a form to be used in voting by proxy in the election of officers of the Association of Government Internal Auditors, Inc. For ready reference, Section 229 of the Tax Code is quoted hereunder: "Sec. 229. Stamp tax on proxies . On each proxy for voting at any election for officers of any company or association, or for any other purposes, except proxies issued affecting the affairs of associations or corporations organized for religious, charitable, or literary purposes, there shall be collected a documentary stamp tax of fifty centavos. (As amended by Sec. 18, Republic Act No. 40)". Since it appears that the association is an organization of government internal auditors, a non-stock corporation organized more on civic line than for religious, charitable, or literary purposes, it is believed that the same does not come within the exception contemplated in the foregoing provision. Such being the case, the form in question is subject to the 50-documentary stamp tax imposed under Section 229 of the Tax Code. aisadc Very truly yours, (SGD.) MISAEL P. VERA Acting Commissioner of Internal Revenue