Tax Imposed on a Fisherman Who Salts and/or Dries His Catch and Sells Them
BIR Ruling No. 323-58 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jun 11, 1958
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June 11, 1958 BIR RULING NO. 323-58 Mr. Crisanto C. Buensuceso Certified Public Accountant Iloilo City S i r : In reply to your letter dated April 14, 1958, I have the honor to inform you that salted fish and dried fish are considered manufactured products subject to the 7% sales tax prescribed by Section 186 of the Tax Code, as last amended by Republic Act No. 2025. Accordingly, a fisherman who salts and/or dries his catch and sells the same is subject to the 7% sales tax. cdta Very truly yours, (SGD.) JOSE ARAAS Commissioner of Internal Revenue
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