Sales of Manufactured Electrical Equipment to the Subic Naval Base are Exempt from the Manufacturer's Sales Tax but Subject to Income Tax
BIR Ruling No. 339-87 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Nov 3, 1987
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November 3, 1987 BIR RULING NO. 339-87 163 150-87 339-87 Gentlemen : In reply to your letter dated May 30, 1987, please be informed that your sales of manufactured electrical equipment to the Subic Naval Base are exempt from the manufacturer's sales tax prescribed in Section 163 of the Tax Code, as amended, pursuant to Article XVIII of the RP-US Military Bases Agreement. However, you are subject to income tax on the income derived from said sales. Very truly yours, (SGD.) BIENVENIDO A. TAN, JR. Commissioner
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