Tax Exemption Privileges of Persons Engaged Exclusively in the Sale and Distribution of PCS Tickets
BIR Ruling No. 293-60 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jul 12, 1960
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July 12, 1960 BIR RULING NO. 293-60 Mr. Moises R. Cadayday 59 Alfonso XIII St. Dumaguete City S i r : Reference is made to your letter dated April 22, 1960 requesting information on the tax exemption privileges of persons engaged exclusively in the sale and distribution of Philippine Charity Sweepstakes tickets. In reply, I have the honor to inform you that sweepstakes agents and vendors are not subject to any business tax on the sale of these tickets but are liable, however, to the payment of income and residence taxes on their earnings. cdtech Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue
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