Issuance of a Tax Clearance in Favor of Sanchez Logging Company, Butuan City

May 18, 1959 BIR RULING NO. 265-59 1st Indorsement Returned to the Revenue Operations Executive (Administrative), Bureau of Internal Revenue, Manila, his memorandum dated April 16, 1959 and its inclosures relative to the request of the Sanchez Logging Company, Butuan City, for the issuance of a tax clearance in its favor. The records of this Office show that to-date there is still due and collectible from Sanchez Logging Company the sum of P18,432.69 as deficiency sales tax and surcharge for the year 1947. It is reported, however, that the docket covering this internal revenue case cannot be located. Inasmuch as the taxpayer has no other tax liability on record except that above-mentioned, it is the opinion of this Office that a conditional clearance in favor of Sanchez Logging Company may be issued considering that the payment of the aforesaid sum of P18,432.69 is guaranteed by a bond (L.S.C.I. BOND NO. 8121 dated October 2, 1958) executed between the Sanchez Logging Company and the Luzon Surety Company, Inc., as principal and surety, respectively. In this connection, it is desired that the missing docket be located at once. According to the 1st Indorsement, October 31, 1958, of the Acting Regional Director, Manila, the docket was charged on September 17, 1957 to the Business Tax Division, and has not been accounted for since then. liblex (SGD.) JOSE ARAAS Commissioner of Internal Revenue