January 6, 1958
BIR RULING NO. 008-58
Mr. A. F. Yunzal
1605 Lepanto
Sampaloc, Manila
S i r :
In reply to your letter dated July 15, 1957, I have the honor to inform you that if your relative, regardless of his citizenship should engaged in deepsea fishing in the Philippines for the purpose of canning the same, he will be constituted a manufacturer, subject to a fixed annual tax of P20.00 and to 7% sales tax on his gross sales of the canned products pursuant to Sections 182 and 186 of the National Internal Revenue Code. It is of course understood that he will furthermore be subject to the income and residence taxes.
As a person engaged in business, he must comply with certain requirements as regards the registration of business or trade name and the keeping of books of accounts. cdphil
Very truly yours,
(SGD.) MELECIO R. DOMINGO
Deputy Collector of Internal Revenue
