Tax Exemption on the Proceeds of the Benefit Tea
BIR Ruling No. 368-58 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jul 18, 1958
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July 18, 1958 BIR RULING NO. 368-58 The Chairman 1958 Annual Benefit Tea Catholic Women's Club Manila M a d a m : In answer to your letter of even date, requesting tax exemption on the proceeds to be derived from the benefit tea, Echoes from Spain, which that Club is contemplating to hold on September 10, 1958 at the Elks Club, Dewey Boulevard, I have the honor to inform you that your request is hereby granted, provided that a representative of this Office shall be admitted to said benefit tea in order to find out whether or not the same is an "amusement" within the meaning of Section 260 of the National Internal Revenue Code, subject to the amusement tax prescribed therein. It is understood that should this Office finally determine that the benefit in question is taxable, the corresponding tax shall be assessed against the Catholic Women's Club. Very truly yours, (SGD.) MELECIO R. DOMINGO Acting Commissioner of Internal Revenue
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