Tax Liability of a Manufacturer of Radio-Phonographs

June 4, 1959 BIR RULING NO. 288-59 Mr. Miguel C. Bollozos, Jr. 1316 F. Huertas Street Sta. Cruz, Manila S i r : In reply to your letter dated May 20, 1959, I have the honor to inform you that if you assemble into radio-phonographs the radio-phono cabinets, turntables and speakers and radio receiving sets which you purchase from the local market, you shall be considered a manufacturer of radio-phonographs. As such manufacturer, you shall be subject to a fixed tax of P20.00 per annum and 30% sales tax on your sales of the said radio-phonographs, based on the gross selling price thereof less the cost of all raw materials used in the manufacture thereof and on which the 30% sales tax has been previously imposed, pursuant to sections 182 and 185 of the Tax Code. Very truly yours, (SGD.) JOSE ARAAS Commissioner of Internal Revenue