BIR Ruling No. 191-61
BIR Ruling No. 191-61 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • May 4, 1961
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May 4, 1961 BIR RULING NO. 191-61 Mr. Luis D. de Vera 225 Vicencio Street San Juan, Rizal S i r : In answer to your letter dated April 7, 1961, I have the honor to inform you that a construction company is subject to the fixed and percentage taxes prescribed by Sections 182 and 191 of the Tax Code. Before pursuing, therefore, said business you are required to pay P20.00 as annual privilege tax and, within 10 days after said payment, register with the Provincial Revenue Officer the name of the partnership, place where such business is carried on and the names and residences of various persons constituting the same. In addition, your gross receipts is subject to tax equivalent to 3% per cent. Very truly yours, (SGD.) MISAEL P. VERA Deputy Commissioner of Internal Revenue
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