Tax Exemption Granted to Log Producers
BIR Ruling No. 473-59 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Sep 24, 1959
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September 24, 1959 BIR RULING NO. 473-59 Miss Aida B. Liceralde 24 Bunawan, Davao City M a d a m : In answer to your letter dated August 1, 1959, I have the honor to inform you that log producers who export their logs thru bona fide commission agents are exempt from the sales tax. In such case, however, the commission agent is constituted a commercial broker subject to an annual fixed tax of P150 and a 6% tax on its gross commission, pursuant to sections 182 and 185 of the National Internal Revenue Code. Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue
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