July 15, 2009
BIR RULING [SB-(032) 440-09]
32 (B) (6) (b); SB-69-98
Ms. Beatriz S. Orolfo
Block 28, Lot 2, Silver Street
North Springville, Camella Homes
Molino, Cavite City
Madam :
This refers to your letter dated October 30, 2008 requesting for a ruling that the separation benefits to be received by you is exempt from tax pursuant to Section 32 (B) (6) (b) of the Tax Code of 1997.
It is represented that you are a regular employee of Canon Marketing (Philippines), Inc. and have rendered twenty (20) years of service; that you are 46 years of age; that you have been diagnosed by a Government Physician, Dr. Rosario P. Layao, Jr. of the Lung Center of the Philippines, disclosing several diagnosis: hypertension, vertigo, Hyperuricemia/Dyslipidemia; that due to your physical/health condition, it impairs and affects your daily function as Purchasing Officer of the company wherein you are required to physically go on fieldwork, thus the usual attacks of vertigo/hypertension affected your regular performance; that with your present health condition, your work with Canon Marketing (Philippines), Inc. has been greatly affected in terms of...
