Bar questions · 2012
Taxation Law
80 questions from the 2012 bar examination.
- 19.Section 23 in relation to Section 42, NIRC. During the audit conducted by the BIR official, it was found that the rental income claimed by the corporation was not subjected to expanded withholding tax. Accordingly, the cNot answered yetEssay
- 34.The issuance of preliminary assessment notice (PAN) does not give rise to the right of the taxpayer to protest. What can be protested by a taxpayer is the final assessment notice (FAN) or that assessment issued followingNot answered yetEssay
- 58.Section 23 in relation to Section 42, NIRC. (4) Rentals During the audit conducted by the BIR official, it was found that the rental income claimed by the corporation was not subjected to expanded withholding tax. AccordNot answered yetEssay
- 61.Section 22 (U) in relation to Section 27, NIRC. (ii) Income from the sale of real property situated in the Philippines Which statement is correct? A non-stock, non-profit charitable association that sells its idle agricuNot answered yetEssay
- 66.Under the VAT system, there is no cascading because the tax itself is not again being taxed. However, in determining the tax base on sale of taxable goods under the VAT system: (2012 Bar Question)Not answered yetEssay
- 70.24. Withholding of final VAT on sales to government VI. Tax remedies under the NIRC 1. Taxpayer’s remedies The Commissioner of Internal Revenue issued a BIR ruling to the effect that the transaction is liable to income tNot answered yetEssay
- 71.(e) Issuance of preliminary assessment notice (f) Exceptions to issuance of preliminary assessment notice A preliminary Assessment Notice (PAN) is NOT required to be issued by the BIR before issuing a Final Assessment NoNot answered yetEssay