Bar questions · 2011
Taxation Law
96 questions from the 2011 bar examination.
- 81.15. Tax basis Celia donated P110,000.00 to her friend Victoria who was getting married. Celia gave no other gift during the calendar year. What is the donor's tax implication on Celia’s donation? (2011 Bar Question)Not answered yetMultiple choice
- 82.(e) Tax delinquency and tax deficiency In January 2011, the BIR issued a ruling that Clemen's vodka imports were not subject to increased excise tax based on his claim that his net retail price was only P200 per 750 millNot answered yetMultiple choice
- 83.(h) Issuance of formal letter of demand and assessment notice/final assessment notice On March 30, 2005 Miguel Foods, Inc. received a notice of assessment and a letter of demand on its April 15, 2002 final adjustment retNot answered yetMultiple choice
- 84.What is the effect on the tax liability of a taxpayer who does not protest an assessment for deficiency taxes? (2011 Bar Question)Not answered yetMultiple choice
- 85.Spanflex Int’l Inc. received a notice of assessment from the BIR. It seasonably filed a protest with all the necessary supporting documents but the BIR failed to act on the protest. Thirty days from the lapse of 180 daysNot answered yetMultiple choice
- 86.(i) Requisites (ii) Prescriptive periods (iii) Distraint of personal property including garnishment When a BIR decision affirming an assessment is appealed to the CTA, the BIR's power to garnish the taxpayer's bank deposNot answered yetMultiple choice
- 87.(vi) Prescriptive period for recovery of tax erroneously or illegally collected 97 | P a g e 2010-2015 Taxation Law Bar Examinations As a general rule, within what period must a taxpayer elevate to the Court of Tax AppeaNot answered yetMultiple choice
- 88.(i) Tax lien (ii) Levy and sale of real property (iii) Forfeiture of real property to the government for want of bidder (iv) Further distraint and levy The BIR could not avail itself of the remedy of levy and distraint tNot answered yetMultiple choice
- 89.2. Power of the Commissioner to suspend the business operation of a taxpayer In "Operation Kandado," the BIR temporarily closed business establishments, including New Dynasty Corporation that failed to comply with VAT reNot answered yetMultiple choice
- 90.(i) Tax on transfer of real property ownership (ii) Tax on business of printing and publication (iii) Franchise tax (iv) Tax on sand, gravel and other quarry services (v) Professional tax What is the tax base for the impNot answered yetMultiple choice
- 91.After the province has constructed a barangay road, the SangguniangPanglalawigan may impose a special levy upon the lands specifically benefitted by the road up to an amount not to exceed: (2011 Bar Question)Not answered yetMultiple choice
- 92.Section 194, RA 7160. VIII. REAL PROPERTY TAXATION Anktryd, Inc., bought a parcel of land in 2009 for P7 million as part of its inventory of real properties. In 2010, it sold the land for P12 million which was its zonal Not answered yetMultiple choice
- 93.Apparently the law does not provide for the refund of real property taxes that have been collected as a result of an erroneous or illegal assessment by the provincial or city assessor. What should be done in such instancNot answered yetMultiple choice
- 94.1. Importation by the government taxable Under the Tariff and Customs Code, abandoned imported articles becomes the property of the: (2011 Bar Question)Not answered yetMultiple choice
- 95.E. Requirements of importation 1. Beginning and ending of importation Amaretto, Inc., imported 100 cases of Marula wine from South Africa. The shipment was assessed duties and value-added taxes of P300,000 which AmarettoNot answered yetMultiple choice
- 96.Discriminatory duties may NOT be imposed upon articles: (2011 Bar Question)Not answered yetMultiple choice