Lease of the Property (land and building)
BIR Ruling No. 463-59 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Sep 21, 1959
Full text
September 21, 1959 BIR RULING NO. 463-59 Mrs. Josefina Maosa-Zialcita 266 Jofre Street San Juan, Rizal M a d a m : In answer to your letter dated January 20, 1959, I have the honor to inform you that for leasing of the property (land and building) located at Azcarraga, Manila, covered by TCT No. 36106 of the Register of Deeds of Manila to others for the aggregate amount of more than P15,000.00 per annum, the owners thereof are constituted real estate dealers in their collective capacity and, as such, are liable for the payment of the real estate dealers annual fixed tax under section 182(A-3-s) of the Tax Code also in their collective capacity from 1953 when they started to engage in such business. cdta Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue
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