BIR Ruling No. 193-61
BIR Ruling No. 193-61 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • May 23, 1961
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May 23, 1961 BIR RULING NO. 193-61 Mr. Jose F. Cabuay Suite 315 Singson Bldg. P.O. Box 596 Manila S i r : In reply to your query, I have the honor to inform you that the two (2) cartoons of catalogs received by you from abroad for your office reference are subject to the compensating tax prescribed in Section 190 of the National Internal Revenue Code. The said tax should be computed on the total landed cost thereof plus freight, postage, insurance, commission and all similar charges. As regards the question of whether or not the aforesaid shipment is subject to the 17% special import tax, it is suggested that your query be addressed to the Central Bank of the Philippines which has jurisdiction over this matter. LexLib Very truly yours, (SGD.) MISAEL P. VERA Deputy Commissioner of Internal Revenue
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