Payment of Municipal Retail Tax
BIR Ruling No. 274-59 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • May 21, 1959
Full text
May 21, 1959 BIR RULING NO. 274-59 Mr. G. Q. Subong General Manager Republic Shoe Manufacturing Co. M a n i l a S i r : In answer to your letter dated January 14, 1959, I have the honor to inform you that the 7% sales tax should be based on the retail price of your branch stores of the shoes you manufactured and sold therein. The municipal retail tax is a local government tax and payment thereof does not constitute double taxation. cdll 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.