Tax Liability of a Fisherman Who Dries and/or Salts His Catch for Sale
BIR Ruling No. 509-59 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Oct 19, 1959
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October 19, 1959 BIR RULING NO. 509-59 Philippines Free Press Free Press Building 708 Rizal Avenue, Manila Gentlemen : In connection with the query of a Free Press Reader, Mr. Epifanio B. Miranda, attached to your letter dated July 8, 1958, I have the honor to inform you the following: 1. A fisherman who dries and/or salts his catch for sale is a manufacturer subject to the fixed and percentage taxes prescribed in sections 182 and 186 of the Tax Code. On his sales of fresh fish, he is, however, exempt from the 7% sales tax. 2. He shall pay manufacturer's sales tax of 7% to be based on the monthly gross selling price or gross value in money of the articles sold, bartered or exchanged as prescribed in section 186 in relation to section 183 of the Tax Code. cdll As requested, the basic letter of Mr. Miranda is herewith returned. Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue
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