Annual Fixed and 5% Sales Tax — Manufacturer of Locally Processed Fish

November 6, 1981 BIR RULING NO. 216-81 201 000-75 216-81 Mr. Sotero T. Segui & Co. Certified Public Accountant 10 North Lawin Avenue Quezon City S i r : This refers to your letter dated March 21, 1981 requesting information as to what kind of taxes are to be paid under the following facts: "The company buys fresh salted fish (bagoong) from different suppliers, the salted fish is then stored in tank containers and after a few months of storage, it is repacked into small tins or bottles. Nothing was added since the fish was already salted when it was bought." In reply, I have the honor to inform you that under the foregoing circumstances, the company is considered a manufacturer of locally processed fish. As such manufacturer, it is subject to the P100.00 annual fixed tax under Section 192(1) of the Tax Code of 1977, as amended and to the 5% sales tax under Section 201 of the same Code. Very truly yours, RUBEN B. ANCHETA Acting Commissioner