BIR Ruling No. 346-61
BIR Ruling No. 346-61 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jul 26, 1961
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July 26, 1961 BIR RULING NO. 346-61 Mr. Rufino M. Remareras Lajog, Clarin, Bohol S i r : In reply to your letter dated July 6, 1961, I have the honor to inform you as follows: The sales of empty bags of flour by a bakery is not subject to the 7% sales tax nor to the graduated fixed annual tax. However, the proceeds from such sales should be returned for income and residence tax purposes. The examination and inspection of books of accounts may be made whenever there is necessity for such examination. aisadc Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue
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