Non-declaration of Cash on Hand and Deposits in Banks in the Sworn Statement
BIR Ruling No. 524-58 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Sep 18, 1958
Full text
September 18, 1958 BIR RULING NO. 524-58 Mr. Salvador G. Almeda 675 T. Alonzo Manila S i r : In reply to your letter dated September 15, 1958, I have the honor to inform you that cash on hand and deposits in banks need not be declared in the sworn statement required by Republic Act No. 2070. cdtech Very truly yours, (SGD.) MELECIO R. DOMINGO Acting Commissioner of Internal Revenue
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.