Retailer or Dealer of Liquified Petroleum Gas Not Subject to the 1.5% Tax on Subsequent Sales
BIR Ruling No. 203-86 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Sep 30, 1986
Full text
September 30, 1986 BIR RULING NO. 203-86 167 (b) 113-86 203-86 M a d a m : In reply to your letter dated June 26, 1986, please be informed that a retailer or dealer of LPG (Liquified Petroleum Gas) is not subject to the 1.5% tax on subsequent sales, pursuant to Section 167(b) of the Tax Code as amended by Executive Order No. 36. Dealers of liquified petroleum gas are subject to annual graduated fixed tax prescribed by Section 161(3), (qq) of the Tax Code. Gasoline stations selling diesel oil and gasoline are, likewise, not subject to the 1.5% tax on subsequent sales, pursuant to Section 167(b) of the Tax Code. Said stations are subject to the annual fixed tax prescribed by Section 161(3)(pp) of the same Code. Very truly yours, (SGD.) BIENVENIDO A. TAN, JR. Commissioner of Internal Revenue
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.