July 31, 2009
BIR RULING [SB-(033) 475-09]
Section 32 (B) (6) (b); BIR Ruling No. DA-385-05
Ms. Carmencita F. Peña
Lot 1B New Society St., Rosario V Subd.,
Sta. Lucia, Pasig City
Madam :
This refers to your letter dated June 9, 2009 requesting exemption from withholding tax of your separation benefits.
It is represented that you have been working with Singer Philippines, Inc. and Singer Finance Corporation for 18 years; that since 2007, you have been diagnosed with Diabetes Mellitus Type 2, high cholesterol and triglycerides and just last April 2009, you developed hypertension; that your physical condition is aggravated by the recent findings of compression deformity in your mid-thoracic vertebrae; that your job requires you a lot of travelling nationwide and get fatigued easily; that continuous work pressure and stress has led to anxiety which results to your blood pressure shooting up as well as your blood sugar count due to erratic meal time schedule; that you underwent several surgical procedures for the removal of ovarian cyst, gall bladder and thyroid glands; that after a series of medical examinations consulting both...
