Tax Exemption on Pensions Received from the US Government
BIR Ruling No. 682-58 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Nov 23, 1958
Full text
November 23, 1958 BIR RULING NO. 682-58 Mrs. Antonia O. Vda. de Rivo c/o Mr. Bernardo I. Rivo Sison, Pangasinan M a d a m : This is with reference to your query, dated October 21, 1958, as to whether or not you are subject to the basic (Class "A) and additional (Class "B") residence taxes on your monthly pension of P124.00 from the United States Government, thru the United States Veterans Administration. Please be informed that pensions received from the United States Government, thru the United States Veterans Administration are exempt from taxation, pursuant to Republic Act No. 360. Therefore, if your only source of income is your monthly pension of P124.00 from the United States Government, thru the United States Veterans Administration, then, you are not subject to the basic (Class "A") and additional (Class "B") residence taxes. LexLib Very truly yours, (SGD.) MELECIO R. DOMINGO Acting Commissioner of Internal Revenue
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