Bureau of Local Government Finance Opinion
Bureau of Local Government Finance Opinion • Bureau of Local Government Finance • Opinions • Jun 22, 2010
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June 22, 2010 BUREAU OF LOCAL GOVERNMENT FINANCE OPINION 1st Indorsement Respectfully referred to Executive Director MA. PRESENTACION R. MONTESA, Bureau of Local Government Finance, Department of Finance (BLGF-DOF), 8/F EDPC Bldg., BSP Complex, Roxas Blvd., Manila, for appropriate action, the within 18 June 2010 letter of Mr. Benedict A. Litonjua, MACSLA Law Office, Pasig City, relative to his request for a confirmatory opinion that gross receipts which their client, DMC-Construction Equipment Resources, Inc., derives from transportation of passengers or freight by hire is exempt from business tax and thus eligible for refund or tax credit under Section 133 (j) of the Local Government Code of 1991 (RA 7160), the details of which are specified therein. Advice of the action taken thereon, directed to Mr. Litonjua, shall be highly appreciated. (SGD.) ATTY. JESUS B. DOQUE IV Director III
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