Payment of Fixed Tax on Business
BIR Ruling No. 246-59 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • May 12, 1959
Full text
May 12, 1959 BIR RULING NO. 246-59 The Regional Director BIR Regional District No. 5 San Pablo City S i r : In reply to your letter dated January 2, 1959 requesting a ruling on whether or not producers of minerals or mineral products subject to the ad valorem taxes under section 243 of the Tax Code are required to pay any fixed tax on business prescribed in section 182 of the same Code, you are hereby informed that said producers are not subject to any fixed tax because they are not among those liable to the tax under the latter-cited section of the Tax Code. 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.