Amusement Tax Exemption on the Receipts Derived from Boxing Exhibition

May 30, 1958 BIR RULING NO. 299-58 The Executive Secretary Council of the Prevention of Juvenile Delinquency Manila M a d a m : In answer to your letter of even date, requesting exemption from the amusement tax on the receipts to be derived from the boxing exhibition to be held on May 31, 1958 at the Rizal Memorial Coliseum for the benefit of the Boys' Town, I have the honor to inform you that while the Boys' Town is a government institution, yet the holding of said exhibition is not one or even an incident of its functions. In view thereof, said request cannot be granted. However, as receipts from boxing exhibitions are subject to 50% of the rates of amusement tax prescribed in Section 260 of the Tax Code, and since the boxing exhibition in question is held for the benefit of the Boys' Town, a government charitable institution, the receipts to be derived from the exhibition are taxable at the rate of only 25% of those prescribed in said section provided that the proceeds of said exhibition will not inure, either directly or indirectly, to the benefit of any private individual. Very truly yours, (SGD.) JOSE ARAAS Commissioner of Internal Revenue