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November 5, 2009BIR RULING [SB-(050) 697-09]Secs. 32 (B) (6) (b) and 79; DA-462-99 dated August 11, 1999; DA-068-00 dated February 2, 2000Ms. Loretta C. VianzonNo. 22 Lincoln St.,San Francisco Del MonteQuezon CityMadam :This refers to your letter dated July 6, 2009 requesting for a ruling that the separation benefits to be paid to you by your employer Bank of the Philippine Islands by reason of your health condition are exempt from income tax. CSHcDTDocuments submitted to this Office show that you are suffering from "MALIGNANT DERMATOFIBROSARCOMA" according to the Certification dated January 29, 2009 issued by Dr. Matias V. Timbang, OIC, Division of Medical Examination and Department Infirmary, Jose Reyes Memorial Medical Center, Department of Health and "DERMATOFIBROSARCOMA PROTUBERANS (DFSP), PREAURICULAR MASS (LEFT)" according to the Surgical Pathology Report dated August 31, 2007 issued by the Department of Pathology, United Doctors Medical Center.In reply thereto, please be informed that pursuant to Section 32 (B) (6) (b) of the Tax Code, as amended, any amount received by an official or employee or by his heirs from...