50% Amusement Tax Exemption on the Race Held at the Philippine Racing Club

October 8, 1958 BIR RULING NO. 639-58 Col. Basilio Hernandez Executive Officer Peace & Amelioration Fund Commission 234 Tanduay, Manila S i r : This has reference to your letter dated April 7, 1958 requesting the reconsideration of the ruling contained in our letter to you dated April 1, 1958 granting only 50% exemption from the amusement tax of the race held at the Philippine Racing Club on April 9, 1958 allegedly for and in behalf on the Peace of Amelioration Fund Commission. You made as a basis for your request the full exemption from the tax of the races held under the auspices of the Philippine Anti-Tuberculosis Society and the White Cross, Inc. cdt Please be informed in this connection that both the Philippine Anti-Tuberculosis Society and the White Cross, Inc. are authorized by law to hold tax-free certain number of races. As a matter of fact, not just anybody can hold races without authority of law. Hence, it is even erroneous to state that the races held at the Philippine Racing Club on April 9, 1958 was a race held for and in your behalf because the Peace and Amelioration Fund Commission is not authorized under any law to hold races. At most, it can rightfully be said that the amount given the Commission by the Philippine Racing Club out of the proceeds of the race in question is purely a donation. In view of the foregoing, it is regretted that your request has to be as it is hereby denied. Very truly yours, (SGD.) MELECIO R. DOMINGO Acting Commission of Internal Revenue