Request for Exemption from Payment of the Publisher's Tax on the Publication of "Ang Tinig ng Masa"
BIR Ruling No. 148-85 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Aug 28, 1985
Full text
August 28, 1985 BIR RULING NO. 148-85 205 (15) 77-85 148-85 S i r : This refers to your letter dated May 27, 1985 requesting exemption from the payment of the 3% (now 4%) publisher's tax on the publication of "Ang Tinig ng Masa". cdti In reply, please be informed that a perusal of the abovenamed publication shows that it appears at regular weekly intervals with fixed selling price; that it contains editorials, news and other featured articles; and that it is not devoted principally to the publication of advertisements. Such being the case, the said publication is exempt from the 4% (formerly 3%) publisher's tax pursuant to Section 205(15) of the Tax Code, as amended by Presidential Decree No. 1959. Very truly yours, (SGD.) RUBEN B. ANCHETA Acting Commissioner
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.