Surcharge for Late Payment of Sales Tax
BIR Ruling No. 226-59 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Apr 20, 1959
Full text
April 20, 1959 BIR RULING NO. 226-59 The General Manager National Power Corporation M a n i l a S i r : In reply to your letter dated November 25, 1958, requesting for a waiver of the 25% surcharge for late payment of sales tax on your purchases of lumber from the Heald Lumber Company, thru Guy F. Atkinson Company, it is regretted, that inasmuch as the law directs the collection of the 25% surcharge for late payment of taxes, the same becomes mandatory on the Collector, who is left without discretion on the matter. In view thereof, your request for the waiver of the aforementioned surcharge cannot be granted. cdll Very truly yours, (SGD.) JOSE ARAAS 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.