VAT Ruling No. 044-01
VAT Ruling No. 044-01 • Bureau of Internal Revenue (BIR) Issuances • VAT Rulings • Jul 16, 2001
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July 16, 2001 VAT RULING NO. 044-01 109 (d) Dnata-Wings Aviation Systems Corporation 4th Floor IPT Building, Ninoy Aquino International Airport Pasay City Attention: Mr . Victor D . Dorongon DW-Financial Controller Gentlemen : This refers to your letter dated December 5, 2000 stating that you are a SEC-registered corporation since 1995 with Registration No. AS095-12205 and engaged in aviation services. You have also obtained a registration with the Board of Investments (BOI) as Existing and Expanding Service Exporter in the field of Ground Handling Services. Based on the foregoing, you are requesting information regarding the additional tax benefits/privileges you are entitled to as a BOI-registered company, aside from the incentives granted under Executive Order No. 226. In reply, please be informed that as a BOI-registered enterprise, you have no other tax exemption/privileges other than those expressly granted under E.O. No. 226. You are subject to other taxes imposed by the 1997 Tax Code, e.g., VAT, percentage tax, documentary stamp tax, on your business transactions. Accordingly, since you are subject to VAT, you cannot change your registration status from "VAT" to "Non-VAT". caIDSH Very truly yours, Commissioner of Internal Revenue By: (SGD.) EDMUNDO P. GUEVARA Deputy Commissioner Legal and Inspection Group
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