Tax Imposed on the "Corpuses" Made of Nickel Imported by the Catholic Trade School
BIR Ruling No. 235-58 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Apr 25, 1958
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April 25, 1958 BIR RULING NO. 235-58 The Globe Brokerage, Inc. Room 216, Yuchengco Bldg. Rosario, Manila Gentlemen : In answer to your letter of even date, I have the honor to inform you that, if as represented, the so-called "Corpuses" imported by your client, the Catholic Trade School, a sample of which has been submitted to this Office, is made of nickel, the same is subject to the advance sales tax of 7%, based on the total landed costs thereof plus 25% mark-up, pursuant to Section 183(b), in relation to Section 186 of the Tax Code as amended. Said sample is herewith returned to you. This serves as authority for the Commissioner of Customs to release the importation in question upon prepayment of the aforesaid tax, if upon analysis, the same is found to be made of nickel. LibLex Very truly yours, (SGD.) JOSE ARAAS Commissioner of Internal Revenue
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