BIR Ruling No. 284-61
BIR Ruling No. 284-61 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jul 20, 1961
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July 20, 1961 BIR RULING NO. 284-61 This is in connection with your request for information as to whether or not there is any tax due on the royalty that will be paid by you to . . . , Inc. of Kenesha, Wisconsin, U. S. A. In reply, I have the honor to inform you that royalties paid to a non-resident foreign corporation is subject to the 30% tax prescribed in Section 24(b)(1) of the National Internal Revenue Code. It is your duty to withhold the aforesaid tax and remit the same to the government pursuant to Section 54 of the same Code. LLpr
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