Revocation of BIR Ruling No. 203-88
BIR Ruling No. 267-88 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jun 28, 1988
Full text
June 28, 1988 BIR RULING NO. 267-88 142 000-00 267-88 Gentlemen : This refers to BIR Ruling No. 203-88 dated May 10, 1988 classifying cigarettes bearing the brand "Philip Morris Menthol 100's" as "other locally-manufactured cigarettes" under Section 142(c)(2) of the Tax Code, the implementation of which was suspended/held in abeyance under our letter dated May 13, 1988 pending restudy thereof. In this connection, please be informed that after a restudy thereof, this Office holds that "Philip Morris 100's" is a foreign brand regardless of the descriptive words appended to it, subject to 50% ad valorem tax pursuant to Section 142(c)(1) of the Tax Code. cdti The aforesaid BIR Ruling No. 203-88 is, therefore, revoked. Very truly yours, (SGD.) BIENVENIDO A. TAN, JR. Commissioner
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