Failure to Declare Dividends Received from San Miguel Brewery, Inc.

September 15, 1959 BIR RULING NO. 450-59 Mr. Rocke C. Serrano 1091 Leyte Cor. G. Tuazon M a n i l a S i r : This is with reference to your letter dated August 21, 1959, informing this Office of the failure to the San Jose Seminary to declare for income tax purposes, the dividends it received from the San Miguel Brewery, Inc. and other entities. You are giving this information in connection with Republic Act No. 2338, An Act to Provide for Reward to Informers of Violations of Internal Revenue and Customs Laws. In accordance with the provisions of said Republic Act No. 2338, it is requested that the information which you are furnishing this Office by virtue of the said Act should state the facts definitely, the facts constituting as grounds for the information and the same shall be under oath. It may be further informed that said Republic Act No. 2338, further provides the following: (a) The information must be given voluntarily. (b) The information must not yet be in the possession of the Bureau of Internal Revenue or the Bureau of Customs. (c) The information must lead to the discovery of frauds upon the internal revenue or customs laws or violations of any of the provisions thereof. (d) The information must result in the recovery or collection of revenues, surcharges and fees and/or the conviction of the guilty party and/or the imposition of any fine or penalty. (e) The information shall not refer to a case already pending or previously investigated or examined by the Commissioner of Internal Revenue or Commissioner of Customs, or any of their deputies, agents or examiners, or the Secretary of Finance or of any of his deputies or agents. (f) The informer must not be an internal revenue or customs official or employee, other public official or related to said official or employee within the sixth degree of consanguinity. cdtech It is requested that you submit your information to this Office, in accordance with the requirements of Republic Act No. 2338, within thirty (30) days from receipt of this letter; otherwise, this Office will disregard your letter of August 21, 1959 and proceed with an independent investigation of the case. Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue