Bar questions · 2012
Taxation Law
80 questions from the 2012 bar examination.
- 41.CTA E.B. Criminal Case No. 006; People vsKintanar, G.R. No. 196340. The acquittal of the accused in the criminal action for the failure to file income tax return and failure to supply correct information will have the foNot answered yetMultiple choice
- 42.X Corporation had excess income tax payment for the year 2008, which it chose to carry over in 2009. In filing its 2009 corporate income tax return, it signified its intention (by checking the small box "refund" at the bNot answered yetMultiple choice
- 43.The Commissioner of Internal Revenue may NOT inquire into the bank deposits of a taxpayer, except: (2012 Bar Question)Not answered yetMultiple choice
- 44.The Manila International Airport Authority (MIAA) is exempt from real property tax. Which statement below is NOT correct? (2012 Bar Question)Not answered yetMultiple choice
- 45.Section 233, RA 7160. The appraisal, assessment, levy and collection of real property tax shall be guided by the following principles. Which statement does NOT belong here? (2012 Bar Question)Not answered yetMultiple choice
- 46.2010 – 2015 TAXATION BAR EXAM QUESTIONS ON VALUE-ADDED TAX An importer of flowers from abroad in 2011: (2012 Bar Question)Not answered yetMultiple choice
- 47.Section 108, NIRC. A hotel operator that is a VAT-registered person and who leases luxury vehicles to its hotel customers is: (2012 Bar Question)Not answered yetMultiple choice
- 48.Section 108, NIRC. A pawnshop shall now be treated, for business tax purposes: (2012 Bar Question)Not answered yetMultiple choice
- 49.Section 121, NIRC. Which statement is correct? A bar review center owned and operated by lawyers is: (2012 Bar Question)Not answered yetMultiple choice
- 50.Section 109(V), NIRC. Claim for tax credit or refund of excess input tax is available only to: (2012 Bar Question)Not answered yetMultiple choice
- 51.Which statement is WRONG? (2012 Bar Question)Not answered yetMultiple choice
- 52.The Philippines adopted the semi-global tax system, which means that: (2012 Bar Question)Not answered yetMultiple choice
- 53.Shanghai facility of a Chinese firm. 18 | P a g e 2010-2015 Taxation Law Bar Examinations Income from the performance of services is treated as income from within the Philippines, if: (2012 Bar Question)Not answered yetMultiple choice
- 54.A general professional partnership (GPP) is one: (2012 Bar Question)Not answered yetMultiple choice
- 55.27 | P a g e 2010-2015 Taxation Law Bar Examinations (1) Ordinary income vis-à-vis capital gain An individual, who is a real estate dealer, sold a residential lot in Quezon City at a gain of P100,000.00 (selling price ofNot answered yetMultiple choice
- 56.Interest income of a domestic commercial bank derived from a peso loan to a domestic corporation in 2010 is: (2012 Bar Question)Not answered yetMultiple choice
- 57.(e) Source rules in determining income from within and without (1) Interests (2) Dividends (3) Services For income tax purposes, the source of the service income is important for the taxpayer, who is a: (2012 Bar QuestioNot answered yetMultiple choice
- 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
- 59.44 | P a g e 2010-2015 Taxation Law Bar Examinations A resident Filipino citizen (not a dealer in securities) sold shares of stocks of a domestic corporation that are listed and traded in the Philippine Stock Exchange. (Not answered yetMultiple choice
- 60.10. A dealer in securities sold unlisted shares of stocks of a domestic corporation in 2010 and derived a gain of P1 Million therefrom. The gain is: (2012 Bar Question)Not answered yetMultiple choice