Tax Exemption Granted to the Printer of Collegio San Agustin Annual School Yearbook
BIR Ruling No. 548-88 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Nov 16, 1988
Full text
November 16, 1988 BIR RULING NO. 548-88 103 (f) 000-00 548-88 Gentlemen : This refers to your letter dated August 9, 1988 requesting for a ruling as to whether you, as printer of Collegio San Agustin annual school yearbook, are exempt from the value-added tax. In reply, please be informed that the printing, publication, importation or sale of books is exempt from the value-added tax under Section 103(f) of the Tax Code, as amended by Executive Order No. 273. The word "book" as used therein is a general term and embraces all kind of books including a school or college class album. Such being the case, your query is answered in the affirmative. Very truly yours, (SGD.) BIENVENIDO A. TAN, JR. Commissioner
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