Further Amending Section 5 of Revenue Regulations No. V-32, as Amended by Revenue Regulations No. V-49

June 20, 1958 REVENUE REGULATIONS NO. V-61 SUBJECT : Further Amending Section 5 of Revenue Regulations No. V-32, as Amended by Revenue Regulations No. V-49 TO : All Internal Revenue Officers and Others Concerned SECTION 1. The provisions of Section 5 of Revenue Regulations No. V-32 (Revised Regulations Governing the Issuance of Tax Clearance Certificates), as amended by Revenue Regulations No. V-49, is hereby further amended to read as follows: "Sec. 5. Officials authorized to issue tax clearance certificates. The Commissioner of Internal Revenue, or any official designated by him, is hereby invested with the exclusive authority to issue tax clearance certificates in Manila. Outside Manila, the regional director or the provincial revenue officer of the region or province in which the applicant is temporarily residing or has his place of business, and the deputy provincial treasurers stationed in the sub-ports of Bongao, Sitangkai, Taganak, Cagayan de Sulu and Balabac, are hereby also authorized to issue tax clearance certificates. The aforesaid deputy provincial treasurers shall submit to the provincial revenue officer at Jolo, Sulu, a weekly report containing a list of all the names and addresses of applicants who had been issued tax clearance certificates. A tax clearance certificate may be issued only after the application has been duly processed and the tax liability of the applicant determined and duly paid, or covered by a surety bond as the case may be and the one or two guarantors have duly executed the guaranty on the other side of the application, B.I.R. Form No. 17.30 (Revised February 16, 1954). SECTION 2. These regulations shall take effect upon their promulgation in the Official Gazette. acTDCI (SGD.) JAIME HERNANDEZ Secretary of Finance RECOMMENDED BY: (SGD.) JOSE P. TRINIDAD Acting Commissioner of Internal Revenue