BIR Ruling No. 155-82

April 27, 1982 BIR RULING NO. 155-82 260-00 155-82 Banco Filipino Savings and Mortgage Bank Plaza Cervantes M a n i l a Attention: Ms . Carmelita C . Almera Vice President Gentlemen : In reply to your letters dated September 21, 1981 and January 27, 1982, I have the honor to inform you that since a branch is considered as a "separate or distinct establishment or place where business subject to tax is conducted" and, therefore, subject to separate privilege tax (Section 188, NIRC), it has its legal residence or place of business in its area of business operation so that the said branch has to file its percentage tax return and pay the tax declared therein with the Revenue District Officer, Collection Agent or duly authorized Municipal Treasurer of the place where said branch is located. (Revenue Memorandum Circular No. 1-82 dated November 5, 1981) Such being the case, your request that your provincial branches with their extension office/s be allowed to file their percentage returns and pay the tax therein with the Internal Revenue Officers in their respective localities is hereby granted. cdta Very truly yours, RUBEN B. ANCHETA Acting Commissioner