BIR Ruling No. 273-61
BIR Ruling No. 273-61 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jul 25, 1961
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July 25, 1961 BIR RULING NO. 273-61 In reply to your query dated . . . I have the honor to inform you that the exchange of two real properties comes within the purview of Section 238 of the National Internal Revenue Code and is subject to the rates of documentary stamp tax prescribed there in based on the fair market value thereof. cdphil
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