Payment of a Graduated Fixed Annual Tax for the Branch Store
BIR Ruling No. 345-59 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jul 13, 1959
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July 13, 1959 BIR RULING NO. 345-59 Mr. Jaime A. Calpo Certified Public Accountant Rm-705 China Bank Building M a n i l a S i r : In reply to your letter dated June 8, 1959, I have the honor to inform you that a person engaged in business subject to the graduated fixed annual tax is liable to the graduated fixed annual tax for the branch store even if he has already paid the tax for the main store. Under section 178 of the National Internal Revenue Code, the fixed tax is payable for every separate or distinct place where business subject to the tax is conducted. prcd Very truly yours, (SGD.) JOSE ARAAS Commissioner of Internal Revenue
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