Bureau of Internal Revenue
Republic of the Philippines

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• 2004
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• 2004
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• 1998
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• 2002
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• 2004
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• 2003


Rulings

• 2004
• 2003
• 2002
• 2001
• 2000
• 1999
• 1998

 

 

 

 

 

Index of 1998 BIR RULINGS

Capital Gains Tax

Documentary Stamp Tax

Donor's Tax

Estate Tax

Excise Tax

 


Income Tax

Percentage Tax

Value Added Tax

Withholding Tax

Others

 

 

Capital Gains Tax [return to top]

Number
Subject
Date
Addressee
007-98 CAPITAL GAINS TAX; Payment can be made by either party under exceptional circumstances 02/04/98 Primetown Property Group, Inc.
013-98 CAPITAL GAINS TAX 02/05/98 Marcopper Mining Corporation c/o King Capuchino Tan & Associates
020-98 CAPITAL GAINS TAX; DOCUMENTARY STAMP TAX 02/18/98 Atty. Braullo R. Taninsin
021-98 CAPITAL GAINS TAX; Transfer of land without consideration by trustee to trustor 02/19/98 Padilla, Mariano B.
028-98 CAPITAL GAINS TAX; DOCUMENTARY STAMP TAX; Sale of townhouse unit covered by TCT 03/06/98 Raya, Fe R.
042-98 CAPITAL GAINS TAX; sale of parcel of land by SSS 04/13/98 Everando B. Medina
047-98 CAPITAL GAINS TAX; Deed of sale executed and notarized on March 27, 1979 04/14/98 Anflo Management & Investment Corp. C/o SGV and Company
054-98 CAPITAL GAINS TAX 05/21/98 Salvador S. Laguda
067-98 CAPITAL GAINS TAX; Exemption by virtue of DARAB decision 05/21/98 Gloria Soloman
096-98 CAPITAL GAINS TAX; DOCUMENTARY STAMP TAX; Buy-back/reconveyance of properties 06/23/98 Borland Development Corporation
097-98 CAPITAL GAINS TAX; Sale of Principal Residence 06/24/98 Marcelo C. De Guzman
102-98 CAPITAL GAINS TAX; Foreclosure sale 06/29/98 Maceda Olalia Ortiz Ortega-Pollisco & Pollisco
103-98 CAPITAL GAINS TAX; Definition of capital assets; Exemption of ROPOA 06/29/98 Philippine National Bank
108-98 CAPITAL GAINS TAX; DOCUMENTARY STAMP TAX; Transfer without consideration 06/29/98 G-P and Company
111-98 CAPITAL GAINS TAX; Sale of principal residence 07/08/98 Conrado C. Ramos
114-98 CAPITAL GAINS TAX; Sale of Principal Residence 07/27/98 Stewart C. Cacho
118-98 CAPITAL GAINS TAX; Sheriff's Certificate of sale 08/06/98 Bartolome B. Lapus
133-98 CAPITAL GAINS TAX; Capital Assets 09/15/98 Security Trading Corp.
141-98 CAPITAL GAINS TAX; EXPANDED WITHHOLDING TAX 09/29/98 Reyno Tium Domingo and Santos
146-98 CAPITAL GAINS TAX; Sale of shares of stock not traded in local exchange 10/14/98 Ongkiko Kalaw, Manhit and Acordia Law Offices
148-98 CAPITAL GAINS TAX; Capital Gains Tax paid on a sale of real property which transaction was rescinded may be credited as payment from new Deed of Sale to be executed by some parties 10/16/98 Ongkiko Kalaw, Manhit and Acordia Law Offices
150-98 CAPITAL GAINS TAX; Transfer of a "road lot" to an affiliate 10/19/98 Boniqued & Bomiqued
156-98 CAPITAL GAINS TAX; Gains realized on the transfer of 1/3 shareholders in exchange for real property 11/09/98 Atty. Mildred Aguilar Pfleider
167-98 CAPITAL GAINS TAX; TRU 11/20/98 The Lawyers Group
170-98 CAPITAL GAINS TAX; Meaning of "demutualization" 12/02/98 Manulife Financial
177-98 CAPITAL GAINS TAX; DOCUMENTARY STAMP TAX; Foreclosure of properties under CARP 12/24/98 Department of Agrarian Reform
179-98 CAPITAL GAINS TAX; Transfer of real property without monetary consideration 12/28/98 Carlos N. Arce

Documentary Stamp Tax [return to top]

Number
Subject
Date
Addressee
003-98 DOCUMENTARY STAMP TAX 01/16/98 Philippine Deposit Insurance Corporation
005-98 DOCUMENTARY STAMP TAX; Installment payment of DST 02/04/98 Shoemart, Incorporated
020-98 CAPITAL GAINS TAX; DOCUMENTARY STAMP TAX 02/18/98 Atty. Braulio R.G. Taninsin
028-98 CAPITAL GAINS TAX; DOCUMENTARY STAMP TAX; Sale of townhouse unit covered by TCT 03/06/98 Raya, Fe R.
052-98 DOCUMENTARY STAMP TAX; Notes to be issued qualify as public issue of bonds indebtedness 05/05/98 Quiason Makalintal Barot, Torres and Ibarra
071-98 INCOME TAX; VAT; DOCUMENTARY STAMP TAX; Exemption of NHA by virtue of RA 7279 05/25/98 National Housing Authority
075-98 FINAL WITHHOLDING TAX; DOCUMENTARY STAMP TAX; Gains/losses on SWAP of shares 05/27/98 M&M Holdings Corporation c/o Castro Cadiz & Carag
082-98 EXPANDED WITHHOLDING TAX; DOCUMENTARY STAMP TAX; Valuation of Townhouses 05/28/98 Yin Enterprise & Development Corporaton
086-98 DOCUMENTARY STAMP TAX; RMO 8-98 06/03/98 Jacinto & Jacinto, CPAs
088-98 DOCUMENTARY STAMP TAX; Metering Machines 06/10/98 International Exchange Bank
096-98 CAPITAL GAINS TAX; DOCUMENTARY STAMP TAX; Buy-back/reconveyance of properties 06/23/98 Borland Development Corporation
108-98 CAPITAL GAINS TAX; DOCUMENTARY STAMP TAX; Transfer without consideration 06/29/98 G-P and Company
115-98 PERCENTAGE TAX; DOCUMENTARY STAMP TAX; Gains from transfer of receivables 07/28/98 Castro Cadiz & Carag
117-98 FINAL TAX; DOCUMENTARY STAMP TAX; Meaning of the terms "lending investor", "similar arrangements", "lending or gross lending activities", "Inter-office memo" 07/30/98 ASB Realty Corporation
124-98 DOCUMENTARY STAMP TAX; Exemption of rural banks on original issuances of shares of stocks 08/31/98 First Coconut Rural Bank Inc.
137-98 DOCUMENTARY STAMP TAX; Voting Trust Agreement exempt 09/24/98 Chaves Laureta & Asso. Law Offices
157-98 DOCUMENTARY STAMP TAX; Sale of shares of stocks and real property to Thrift Banks 11/09/98 Capitol Development Bank
158-98 DOCUMENTARY STAMP TAX; Conversion of preferred shares to common shares 11/10/98 Metro Pacific Corporation
168-98 PERCENTAGE TAX; DOCUMENTARY STAMP TAX; Securities Borrowing and Lending (SBL) transactions 11/20/98 Phil. Stock Exchange Inc.
169-98 ESTATE TAX; DOCUMENTARY STAMP TAX 11/25/98 Padilla Law Offices
177-98 CAPITAL GAINS TAX; DOCUMENTARY STAMP TAX; Foreclosure of properties under CARP 12/24/98 Department of Agrarian Reform

Donor's Tax [return to top]

Number
Subject
Date
Addressee
044-98 DONOR'S TAX; Zonal values of real properties 04/14/98 Sycip, Salazar, Hernandez and Gaimaitan
061-98 DONOR'S TAX; Exemption of DAR on donation of a parcels of land 05/21/98 Department of Agrarian Reform
081-98 DONOR'S TAX; Donation Mortis Causa 05/28/98 Carino, Amalia Yvonne
100-98 DONOR'S TAX; CARL; Exemption of displaced farmers/tenants 06/29/98 Angelita L. Amosco
171-98 DONOR'S TAX; Lot awarded to National Children Hospital by virtue of Proclamation No. 439 12/02/98 National Children's Hospital

Estate Tax [return to top]

Number
Subject
Date
Addressee
001-98 ESTATE TAX; Extension of time to file return 01/05/98 Antonio J. Tan c/o Baustista, Picazo, Buyco, Tan and Fider
046-98 ESTATE TAX; Extension of time to file return 04/14/98 Benigno P. Toda Jr. Estate c/o Manuel M. Lazaro & Associates
066-98 ESTATE TAX; Extension of time to file return 05/21/98 Emelino T. Maestro
068-98 ESTATE TAX 05/21/98 Josefina R. Solomon c/o Go Cojuangco Mendoza Ligon & Castro
095-98 ESTATE TAX 06/19/98 Tony Briones
130-98 ESTATE TAX 09/10/98 Dicoro C. Peligra
145-98 ESTATE TAX 10/09/98 Dulay & Pagunsan
169-98 ESTATE TAX; DOCUMENTARY STAMP TAX 11/25/98 Padilla Law Offices

Excise Tax [return to top]

Number
Subject
Date
Addressee
002-98 EXCISE TAX; Cement not subject to 2% excise tax 01/08/98 Kultura Knitex Corporation
030-98 EXCISE TAX; Specially denatured alcohol 03/20/98 Philippine Aslam Corporation
031-98 EXCISE TAX; Denatured vinegar 03/20/98 Lazatin Consolidated Corporation
032-98 EXCISE TAX; Importation of cherokee jeep 04/13/98 Antonio G. Cadavero Sr. Revenue District Officer Revenue District 80, Mandaue City
041-98 EXCISE TAX; Processed gas 04/13/98 Petron Corporation
055-98 EXCISE TAX; VAT; Quarrying and selling boulders or stones 05/22/98 Pililia Aggregates Corporation
112-98 EXCISE TAX 07/13/98 British American Tobacco c/o SGV & Company
128-98 EXCISE TAX; Exemption of Banole 09/10/98 Shell Chemicals Co.
135-98 EXCISE TAX; Basis of computation 09/24/98 La Suerte Sigar & Cigarette Factory
155-98 INCOME TAX; VAT; EXCISE TAX; Purchase of Crude oil by an Inventor 10/21/98 Rudy N. Lantano

Income Tax [return to top]

Number
Subject
Date
Addressee
010-98 INCOME TAX; VAT 02/05/98 Tipco-Bataan Group, Incorporated c/o R.S. Bernaldo and Associates
012-98 INCOME TAX; DND cannot withhold tax from agent's commissions 02/05/98 Dept. of National Defense
029-98 INCOME TAX; Income tax paid or accrued (now incurred) by a company within a taxable year not allowed as deduction 03/19/98 Energy Regulatory Board c/o Chairman Neptali S. Franco
034-98 INCOME TAX; Sale of property by Phil. Tubercolosis Society 04/13/98 Philippine Tuberculosis Society, Inc.
035-98 INCOME TAX; Fees received for further maintenance services 04/13/98 Fanuc Philippines Corporation c/o Sycip Gorres Velayo & Company
059-98 INCOME TAX; Income derived by EYS & Associates exempt 05/21/98 EYS & Associates
065-98 INCOME TAX; VAT; Sasktel Int'l. exempt pursuant to General Agreement on Development Cooperation between RP and Canada 05/21/98 Canadian Embassy
070-98 INCOME TAX; OWWA subject to income tax 05/21/98 Overseas Workers Administration
071-98 INCOME TAX; VAT; DOCUMENTARY STAMP TAX; Exemption of NHA by virtue of RA 7279 05/25/98 National Housing Authority
074-98 INCOME TAX; local water district subject to income tax 05/27/98 Philippine Association of Water Districts, Inc
076-98 INCOME TAX; VAT; Exemption of MV Aboitiz Jebsen 05/27/98 Aboitiz Jebsens c/o Balmeo Bautista & Penasales Law Offices
077-98 INCOME TAX; SBF Freeport Registered Enterprises 05/28/98 Subic Bay Metropolitan Authority
085-98 INCOME TAX; BCDA firm subject only to 5% preferential tax rate 06/02/98 CJH Development Corporation c/o Bengson Narciso Cudala Pecson Bengson & Jimenez
094-98 INCOME TAX; Non-resident professionals and entertainers 06/19/98 Ms. Estrella A. Berenguel Consul General Hongkong Philippine Consulate
107-98 INCOME TAX; Transfer of heirs hereditary right 06/29/98 Manuel Y. Macias
125-98 INCOME TAX; Exemption of retirement benefits 09/04/98 Angel Q. Yoingco
126-98 INCOME TAX; Gains derived by a non-resident corporation not engaged in trade or business in RP-exempt from income tax 09/08/98 Punong Bayan & Aurollio
140-98 INCOME TAX; Salaries of DSWD workers covered by MOA 09/29/98 Kagawaran ng Kagalingan Panlipunan at Pagpapaunlad
143-98 INCOME TAX; Terminal leave pay of co-terminus employees 09/30/98 Hon. Ernesto Herrera
147-98 INCOME TAX; Filipinos employed and occupying managerial or technical positions 10/16/98 Romulo Mabanta Buenaventura Law Office
153-98 INCOME TAX; Separation benefits 10/19/98 Famador Campani Boguia Law Office
155-98 INCOME TAX; VAT; EXCISE TAX; Purchase of Crude oil by an Inventor 10/21/98 Rudy N. Lantano
160-98 INCOME TAX; liability of Thrift Banks to 20% FINAL WITHHOLDING TAX 11/12/98 Centennial Bank
161-98 INCOME TAX; SBF Enterprises 11/18/98 Joaquin Cunanan & Co.

Percentage Tax [return to top]

Number
Subject
Date
Addressee
115-98 PERCENTAGE TAX; DOCUMENTARY STAMP TAX; Gains from transfer of receivables 07/28/98 Castro Cadiz & Carag
139-98 PERCENTAGE TAX; Shares of stock listed through the Local Stock Exchange 09/28/98 SGV (Barter & Exchange of Stock)
168-98 PERCENTAGE TAX; DOCUMENTARY STAMP TAX; Securities Borrowing and Lending (SBL) transactions 11/20/98 Philippine Stock Exchange Inc.

Value Added Tax [return to top]

Number
Subject
Date
Addressee
009-98 VAT; Exemption of marine solar salt 02/05/98 Salinas (IM) Corporation
010-98 INCOME TAX; VAT 02/05/98 Tipco-Bataan Group, Incorporated c/o R.S. Bernaldo and Associates
014-98 VAT; PIA subject to VAT on TV airtime 02/06/98 Kapisanan Ng Mga Brodkaster Sa Pilipinas
016-98 WITHHOLDING TAX; VAT 02/06/98 Sumitomo of Japan c/o SGV & Company
019-98 VAT; Sale of real properties primarily held for sale or lease to customers 02/11/98 De Leon, Jocelyn P.
027-98 VAT; Exemption of electric cooperatives 03/06/98 National Electrification Administration
033-98 VAT; Sale of construction services to PEZA enterprises 04/13/98 Correa Zenitaka, Inc. c/o Quisumbing Torres & Evangelista
038-98 VAT; International trunkline products and services to internet users of PLDT 04/13/98 Office of the President c/o Maria Asuncion Fernando
043-98 VAT; Exchange of notes between government of Japan and Philippines 04/13/98 Technical Education & Skills Development
048-98 VAT; Waiver of surcharge for late filing and payment of VAT 04/14/98 Dow Jones Telerate Limited c/o SGV & Company
055-98 EXCISE TAX; VAT; Quarrying and selling boulders or stones 05/22/98 Pililia Aggregates Corporation
060-98 VAT; Sale of goods and services to BOC subject to VAT 05/21/98 Unisys Public Sector Services Corp. C/o Punongbayan & Araullo
064-98 VAT; Importation/local purchases of PNRC vatable 05/21/98 Philippine National Red Cross
065-98 INCOME TAX; VAT; Sasktel Int'l. exempt pursuant to General Agreement on Development Cooperation between RP and Canada 05/21/98 Canadian Embassy
069-98 FRANCHISE TAX; VAT; Exemption of electric cooperatives 05/21/98 Sorsogon II Electric Cooperative
071-98 INCOME TAX; VAT; DOCUMENTARY STAMP TAX; Exemption of NHA by virtue of RA 7279 05/25/98 National Housing Authority
072-98 VAT; Exemption of Davao Light & Power Co. Inc. on importation 05/25/98 Balmeo Bautista & Dinosales Law Office
073-98 VAT; Refined sugar not agri-food product in original state 05/27/98 National Food Authority
076-98 INCOME TAX; VAT; Exemption of MV Aboitiz Jebsen 05/27/98 Aboitiz Jebsens c/o Balmeo Bautista & Penasales Law Offices
084-98 VAT; GTZ Projects 06/02/98 BIR/GTZ Advisory Project
087-98 VAT; Asphalts 06/10/98 Office of the District Engineer
099-98 VAT; Sale of Services 06/29/98 Best Telephone Directories, Inc.
101-98 VAT; Exemption of Inventor 06/29/98 Rafael A. Teotico
105-98 VAT; PAGCOR liable to pay VAT passed on by PLDT 06/29/98 Philippine Long Distance Telephone Company
110-98 VAT; Sale of house and lot valued at P 1,000,000.00 below 07/07/98 Alakor Corporation
113-98 VAT; Isolated sale of Microwave Backbone Transmission network 07/23/98 Liberty Broadcasting Network, Inc
122-98 VAT; Exemption of cooperative on importation of argricultural equipment 08/18/98 Phil. Prodicers Coop. MKG. Asso. Inc.
123-98 VAT; Cancellation of registration 08/27/98 Otilla Dimayuga
142-98 VAT; Retention money 09/29/98 SGV (Marukeni Corp.)
149-98 VAT; ADB; Personnel of embassies 10/19/98 Joaquin Cunanan & Co.
152-98 VAT; Sale of lot which is less than P 1,000,000.00 10/19/98 Atlanta Land Corporation
154-98 EXPANDED WITHHOLDING TAX; Tax base in the computation of 1% EWT and 6% Creditable VAT 10/19/98 Pacific East Asia Cargo
155-98 INCOME TAX; VAT; EXCISE TAX; Purchase of Crude oil by an Inventor 10/21/98 Rudy N. Lantano
163-98 VAT; Thrift Banks subject to VAT on importation 11/20/98 Asia Trust Bank
174-98 VAT; Sale of fish in original state 12/11/98 Frabella Fishing Corporation

Withholding Tax [return to top]

Number
Subject
Date
Addressee
008-98 CREDITABLE WITHHOLDING TAX; Sale or exchange of real property by a corporation not habitually engaged in real estate business 02/05/98 Unlad Resources Development Corporation c/o of Baniqued and Baniqued Law Offices
016-98 WITHHOLDING TAX; VAT 02/06/98 Sumitomo of Japan c/o SGV & Company
017-98 WITHHOLDING TAX; Payment/remittance of withholding taxes on corporation by SMC 02/06/98 San Miguel Corporation
045-98 CREDITABLE WITHHOLDING TAX; Privatization of Manila Hotel 04/14/98 The Manila Hotel
049-98 FINAL WITHHOLDING TAX; Interest income from personal deposits of united nations personnel 04/27/98 Philippine National Bank
053-98 FINAL WITHHOLDING TAX; Phil. Centennial Commission 05/08/98 Presidential Management Staff
063-98 EXPANDED WITHHOLDING TAX; Dacion en pago 05/21/98 Technology and Livelihood Resource Center
075-98 FINAL WITHHOLDING TAX; DOCUMENTARY STAMP TAX; Gains/losses on SWAP of shares 05/27/98 M&M Holdings Corporation c/o Castro Cadiz & Carag
080-98 EXPANDED WITHHOLDING TAX; Rate of tax if seller is CREBA member 05/28/98 MSA Math Tutoring Center
082-98 EXPANDED WITHHOLDING TAX; DOCUMENTARY STAMP TAX; Valuation of Townhouses 05/28/98 Yin Enterprise & Development Corporaton
090-98 EXPANDED WITHHOLDING TAX; Paymant of Retainer Fees 06/15/98 SMC Stock Transfer Service Corporation
106-98 EXPANDED WITHHOLDING TAX; Buyer-Withholding Agent subject to 3% EWT 06/29/98 Bella R. Dawang
117-98 FINAL TAX; DOCUMENTARY STAMP TAX; Meaning of the terms "lending investor", "similar arrangements", "lending or gross lending activities", "Inter-office memo" 07/30/98 ASB Realty Corporation
120-98