Payment of the CPA Privilege Tax on Installment Basis

September 7, 1959 BIR RULING NO. 445-59 Mr. Jose M. Vendiola Bais, Negros Oriental S i r : Reference is made to your letter dated August 25, 1959, requesting information, whether your payment of the certified public accountant privilege tax of P75.00 on October 1, 1959 will cover your practice of said profession up to October 1, 1960 and whether or not payment can be paid by installment basis. In reply thereto, I have the honor to inform you as follows: The seventy-five peso occupation tax prescribed in Section 182 (B) of the National Internal Revenue Code, as amended, shall be payable at the option of the taxpayer, annually, on or before the twentieth of January, or semi-annually, on or before the twentieth of January and July of a given year, pursuant to section 180 of the aforesaid Code. When the occupation or business subject to fixed tax is newly begun during any year, the tax shall be reckoned from the commencement of the current semester; and when either is at any time abandoned the tax shall not be exacted for a longer period than to the end of the semester; provided that any person who elected to pay the tax in full for the year shall not entitled to a refund of the tax corresponding to the unused period for which the tax had been paid. As you will possibly commence for the first time the practice of your occupation on October 1, 1959, you will have to pay P37.50, the amount of fixed tax corresponding to the second semester of 1959. It may be stated, in this connection, that teaching is not a taxable occupation. Accordingly, you are not subject to tax during the period when you devoted the entire practice of your profession exclusively to teaching. LLjur Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue