(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…

The question

(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 to implement, through collection, an assessment that has become final, executory, and demandable where: (2011 Bar Question)

1. A.the subject of the assessment is an income tax. 98 | P a g e 2010-2015 Taxation Law Bar Examinations
2. B.the amount of the tax involved does not exceed P100.00.
3. C.the corporate taxpayer has no other uncollected tax liability.
4. D.the taxpayer is an individual compensation income earner.

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