Taxpayer Who Operates a General Merchandising Store and Printing Establishment Separately

September 22, 1960 BIR RULING NO. 418-60 Mr. Vicente G. Calderon 185 Uyanguran, Davao City S i r : In reply to your letter dated May 31, 1960, I have the honor to inform you that a taxpayer who operates separately, both a general merchandising store and printing establishment is not subject to the 3% printer's tax for printing jobs undertaken by the latter for the former it appearing that no actual payment was made for the printing services rendered. (University of Sto. Tomas vs. Collector of Internal Revenue G.R. No. L-11280, promulgated Nov. 28, 1958). For accounting purposes, however, the said transaction should be reflected in the books of both establishments. cdta Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue