Tax Imposed on the Agent or Representative on Commission Basis of a Licensed Firearms Dealer
BIR Ruling No. 269-58 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • May 9, 1958
Full text
May 9, 1958 BIR RULING NO. 269-58 Mr. Gaudencio Z. Zetha Dadiangas, General Santos Cotabato S i r : In reply to your letter dated April 11, 1958, I have the honor to inform you that an agent or representative on the commission basis of a licensed firearms dealer is a commercial broker subject to the fixed and percentage taxes prescribed in Sections 182 and 195 of the Tax Code. The failure of a taxpayer to pay the correct taxes payable by him for the past years will give rise to a deficiency assessment for the correct tax. Accordingly, if the person referred to in your letter paid the business agent's tax instead of the commercial broker's tax to which he is correctly liable during the past two years, he shall be held liable for the difference in tax, plus the corresponding penalty and surcharge. cdti 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.