BIR Ruling No. 142-84
BIR Ruling No. 142-84 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Aug 27, 1984
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August 27, 1984 BIR RULING NO. 142-84 053-f-45-83-142-84 Gentlemen : In reply to your letter dated May 12, 1984, please be informed that your professional partnership of Certified Public Accountants is exempt from income tax pursuant to Section 24 (a) of the Tax Code, as amended. Accordingly, payments to said partnership for professional services rendered are exempt from the withholding tax provisions of Revenue Regulations No. 13-78, as amended by Revenue Regulations No. 6-79, both implementing Section 53(f) of the Tax Code, as amended by Presidential Decree No. 1351. cdta Very truly yours, (SGD.) RUBEN B. ANCHETA Acting Commissioner
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