REVENUE REGULATIONS NO. 11-2011 issued on July 20, 2011 defines the gross receipts for Common Carrier’s Tax for international carriers pursuant to Section 118 of the Tax Code, amending Section10 of Revenue Regulations No. 15-2002. Said gross receipts shall include, but shall not be limited to, the total amount of money or its equivalent representing the contract or ticket price, excess baggage fees, freight/cargo fees, mail fees, rentals, penalties, deposits applied as payments, advance payments and other service charges and fees actually or constructively received during the taxable quarter from the passage of persons, excess baggage, cargo and/or mail, originating from the Philippines in a continuous and uninterrupted flight, irrespective of the place of sale or issue and the place of payment of the passage documents. Provided, that tickets revalidated, exchanged and/or indorsed to another international airline shall likewise form part of the gross receipts if the passenger boards a plane in a port or point in the Philippines. Provided, further that for a flight, which originates from the Philippines, but where transhipment of passenger takes place at any port outside the Philippines on another airline, only the aliquot portion of the cost of the ticket corresponding to the leg flown from the Philippines to the point of transhipment shall form part of the Gross Receipts.