Exemption from the Payment of the Occupation Fee

September 3, 1981 BIR RULING NO. 168-81 253-00 000-00 168-81 North Davao Mining Corporation 104 Gamboa St., Legaspi Village Makati, Metro Manila Attention: Luis P . Virata VP-Finance and Treasurer Gentlemen : This refers to your letter, dated March 20, 1981 to the Ministry of Finance requesting that you be granted exemption from the payment of the occupation fee under Section 253 of the Tax Code as amended. In reply, I have the honor to inform you that since you were granted a Certificate of Qualification for Tax Exemption No. 72 under Presidential Decree No. 463 by the Ministry of Natural Resources, classifying your mining company as New Mine entitled to exemption from the payment of all taxes, duties and fees, except income tax, starting from the exploration stage and ending five (5) years from the first date of actual commercial production of saleable mineral products, this Office is of the opinion, and so holds, that you are exempt from the payment of the occupation fee prescribed by Section 253 of the Tax Code, as amended. cdtech Very truly yours, RUBEN B. ANCHETA Acting Commissioner