Publishing Proclamation No. 1861 Announcing the Effectivity of the Revised Minimum Quarterly Gross Receipts for Purposes of the Percentage Tax on Common Carriers and Keepers of Garages

February 4, 1980 REVENUE MEMORANDUM CIRCULAR NO. 04-80 SUBJECT : Publishing Proclamation No. 1861 Announcing the Effectivity of the Revised Minimum Quarterly Gross Receipts for Purposes of the Percentage Tax on Common Carriers and Keepers of Garages TO : All Internal Revenue Officers and Others Concerned For the information and guidance of all concerned, there is quoted hereunder Proclamation No. 1861, issued by the President on June 5, 1979, viz: "MALACAANG Manila " BY THE PRESIDENT " PROCLAMATION NO. 1861 "ANNOUNCING THE EFFECTIVITY OF THE REVISED MINIMUM QUARTERLY GROSS RECEIPTS FOR PURPOSES OF THE PERCENTAGE TAX ON COMMON CARRIERS AND KEEPERS OF GARAGES UNDER SECTION 207 OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED. "WHEREAS, Section 26 of Presidential Decree No. 1457 amending Section 207 of the National Internal Revenue Code by revising the minimum quarterly gross receipts for purposes of computing the two per centum percentage tax on common carriers; acd "WHEREAS, under Section 26 thereof, the amendment shall become effective only upon the order of the President taking into account the authorized increased rates of transportation fares collective by common carriers; "WHEREAS, considering the general transportation increase by common carriers as authorized since March 24, 1979 has rendered obsolete the present minimum gross receipts for common carrier's tax purposes and therefore necessitates the adjustment of the level of the said presumptive minimum gross receipts commensurate with the latest authorized increases in transportation fares; "NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by Section 26, Presidential Decree No. 1457, do hereby proclaim the applicability of the minimum quarterly gross receipts prescribed under Section 207, as amended by the said Presidential Decree, for purposes of computing the two per centum tax on common carriers and keepers of garages. cd i "IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed. "DONE in the City of Manila, this 5th day of June, in the year of Our Lord, nineteen hundred and seventy-nine. (SGD.) FERDINAND E. MARCOS President of the Philippines By the President: (SGD.) JACOBO C. CLAVE Presidential Executive Assistant" The following is the schedule of revised minimum quarterly gross receipts for each particular kind of carriers as provided for under Section 207 of the Tax Code, as amended. acd Autocalesa 1. Manila and other cities P1,200.00 2. Provincial 600.00 Jeepney for hire 1. Manila and other cities P2,400.00 2. Provincial 1,200.00 Public Utility Bus Not exceeding 30 passengers P3,600.00 Exceeding 30 but not exceeding 50 passengers Exceeding 50 passengers 6,000.00 Taxis 7,200.00 1. Manila and other cities P3,600.00 2. Provincial 2,400.00 Car for hire (with chauffeur) 3,000.00 Car for hire (without chauffeur) 1,800.00 EFFECTIVITY Proclamation No. 1861 took effect upon its promulgation on June 5, 1979. ENFORCEMENT All internal revenue officers and others concerned are enjoined to be guided accordingly and to give this circular as wide a publicity as possible. EFREN I. PLANA Acting Commissioner