Taxability of "Pintakasi"

November 25, 1958 BIR RULING NO. 678-58 Mr. A. P. Reyes c/o Philippine Racing Club, Inc. Makati, Rizal S i r : With reference to your letter dated November 21, 1958 requesting the exemption from the amusement tax of the "Pintakasi" being held for the benefit of the Philippine Anti-Tuberculosis Society which is sponsored by Mesdames Daniel Z. Romualdez and Jose Aldeguer and jointly managed by Messrs. J. Amado Araneta, Pedring del Rosario and yourself, I have the honor to inform you that pursuant to Section 7(a) of Revenue Regulations No. V-57, the Revised Amusement Tax Regulations, promulgated on May 30, 1957, the partial exemption granted in favor of duly registered charitable institutions or associations by Section 261 of the Tax Code does not apply to the tax on the gross receipts realized by them from the operation of cockpits. Your request has, therefore, to be, as it is hereby, denied for lack of legal basis. For your information, I am quoting hereunder the pertinent provisions of Section 7(a) of Revenue Regulations No. V-57: ". . . This partial exemption in favor of duly registered charitable institutions or associations does not, however, apply either to the tax on the gross receipts realized by them in the operation of a cockpit, cabaret, night club or race-track, or to the tax on winnings provided for in Section 260-A of the Tax Code." Very truly yours, (SGD.) MELECIO R. DOMINGO Acting Commissioner of Internal Revenue