Tax Liability of TPU Operators Who Transport Cargoes and Passengers
BIR Ruling No. 387-59 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jul 31, 1959
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July 31, 1959 BIR RULING NO. 387-59 The Philippines Free Press Free Press Bldg., 708 Rizal Ave. M a n i l a Gentlemen : This is in connection with your letter dated May 20, 1959 referring to us the query of Mr. Julio G. Napao regarding the documentary stamp tax prescribed in section 227 of the National Internal Revenue Code. In reply, I have the honor to inform you that TPU operators who transport cargoes and passengers are subject to the documentary stamp tax prescribed in section 227 of the Tax Code on the receipts issued for the cargoes transported. The basic inquiry is herewith returned as requested. Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue
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