Non-withholding of the 2% Tax on the Share of the Members of the Sugar Producers Cooperative Marketing Association
BIR Ruling No. 484-60 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Nov 8, 1960
Full text
November 8, 1960 BIR RULING NO. 484-60 Central Azucarera del Pilar Pilar, Capiz Gentlemen : There is enclosed herewith for your information and guidance a copy of B.I.R. Ruling No. 326, s. of 1958, which is self-explanatory. In the light of said ruling, you need not withhold the 2% tax on the share of the members of the Sugar Producers Cooperative Marketing Association, Inc. in the sugar milled by you out of the sugar cane of said members delivered to you by the Association for milling. Very truly yours, MELECIO R. DOMINGO Commissioner of Internal Revenue
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