Tax Imposed on Person or Entity Buying Flue-Cured Virginia Leaf Tobacco
BIR Ruling No. 294-60 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jul 13, 1960
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July 13, 1960 BIR RULING NO. 294-60 Messrs. Valera, Reyes, Mogarte & Associates Suite 207, Roces Hermanos Building 437 Rizal Avenue, Manila Gentlemen : In reply to your letter dated July 13, 1960, I have the honor to inform you that a person or entity buying flue-cured Virginia leaf tobacco and redrying it preparatory to the resale thereof is a wholesale dealer of Virginia Leaf Tobacco subject to the fixed tax prescribed in section 182(A)(m) of the Tax Code. For detailed particulars on the business of wholesale dealers of Virginia leaf tobacco, please refer to Revenue Regulations No. V-50, as amended by Revenue Regulations No. V-52. casia Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue
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