BIR Ruling [UN-070-B-95]
BIR Ruling [UN-070-B-95] • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Feb 16, 1995
Full text
February 16, 1995 BIR RULING [UN-070-B-95] F. Jacinto Group, Inc. F. Jacinto House Bldg. 116 Rada Street Legaspi Village Makati, Metro Manila Attention: Mr . Alberto M . Albano Vice President Gentlemen : In connection with your letter dated December 13, 1994, please be informed that we cannot give you yet a detailed opinion on the issues you raised pending the approval of the Implementing Rules and Regulations for the creation of the Clark Special Economic Zone (CSEZ). Likewise, we cannot categorically answer your question on the effects of R.A. No. 7716, otherwise known as the "The Expanded Value-Added Tax Law", on the aforesaid pending Revenue Regulations for CSEZ until and after the temporary restraining order promulgated by the Supreme Court in the case of A. M. Tolentino vs. Secretary of Finance and the Commissioner of Internal Revenue, G. R. No. 115455, is lifted and the issue relative to its constitutionality/validity has been finally resolved pursuant to Revenue Memorandum Circular No. 27-97 dated June 30, 1994. aisadc Very truly yours, ALICIA P. CLEMENO Assistant Commissioner (Legal Service)
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.