1. Importation by the government taxable Under the Tariff and Customs Code, abandoned imported articles becomes the property of the: (2011 Bar…
2011 Bar Exam · Taxation Law · Question 94 · Multiple choice
The question
1. Importation by the government taxable Under the Tariff and Customs Code, abandoned imported articles becomes the property of the: (2011 Bar Question)
- A.government whatever be the circumstances.
- B.insurance company that covered the shipment.
- C.shipping company in case the freight was not paid.
- D.bank if the shipment is covered by a letter of credit.
This question has not been answered yet.