Bar questions · 2014
Taxation Law
4 questions from the 2014 bar examination.
- 1.Yes. The sale of the delivery van by MKI to MGSC was incidental to its trade or business, and therefore subject to VAT. Pursuant to the case of Mindanao Geothermal Partnership II v. Commissioner of Internal Revenue (G.R.Not answered yetMultiple choice
- 3.Which of the following should not be claimed as deductions from gross income? (2014 Bar Question)Not answered yetMultiple choice
- 4.(i) Change of control of a corporation (ii) Change in the trade or corporate name (iii) Merger or consolidation of corporations 12. VAT on importation of goods Which of the following transactions is subject to Value-AddeNot answered yetMultiple choice