November 15, 2018
BIR RULING NO. 1339-18
Section 32 (B) (6) (b), 1997 NIRC; BIR Ruling No. 555-2012; BIR Ruling No. 425-2011; BIR Ruling No. 008-2011
Docomo interTouch Business Solutions, Inc.
10/F Picadilly Star, 4th Avenue cor. 27th Street
Bonifacio Global City, Taguig City
Attention: AAA
_______________
Gentlemen :
This refers to your letter dated February 25, 2015 requesting for confirmation of opinion that the separation benefits received by the employees of Docomo intertouch Business Solutions, Inc. (Docomo for brevity) who have been separated from service due to the implementation of a redundancy program is exempt from income tax and consequently from withholding tax pursuant to Sec. 32 (B) (6) (b) of the 1997 Tax Code, as amended.
Documents submitted show that Docomo (TIN 000-000-000-000) is a domestic corporation organized and registered with the Securities and Exchange Commission (SEC) under Company Reg. No. CS201105423 dated March 25, 2011. It is primarily engaged in the business of operating a call center enterprise providing inbound contact center services such as hotel customer care and help desk. Docomo started commercial operations on April 1, 2011. It is...
