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please answer this questions with brief explanation. It is so difficult for me to do it I need your help Tax Remedies Quizzer -Atty. Macmod

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please answer this questions with brief explanation. It is so difficult for me to do it

I need your help

image text in transcribed Tax Remedies Quizzer -Atty. Macmod 1. Which is not a taxpayer's remedy after paying a tax? a. Claim for Tax credit b. Claim for Tax refund c. Motion for reinvestigation d. Criminal action against corrupt revenue officer 2. Which is not a government remedy in tax collection? a. Inquiry into taxpayer's bank deposit b. Compromise c. Distraint and Levy d. Forfeiture 3. Preliminary assessment notice is not required in the following cases, except: a. Tax deficiency is due to mathematical error b. Tax deficiency is due to unpaid VAT c. Tax deficiency is due to unpaid excise taxes d. Tax deficiency is due to withholding tax 4. Which is incorrect about assessment? a. It fixes the tax liability of a taxpayer b. It is an action to collect a tax c. If not contested within 30 days from receipt it becomes final and executory d. It is void if done beyond the prescriptive period 5. Nelson filed his ITR for 2009 on October 15, 2010. The last day for BIR to assess is on? a. October 15, 2020 c. April 15, 2013 b. October 15, 2013 d. October 14, 2013 6. Donor's tax return for a donation made on January 15, 2010 was filed on January 31, 2010. Last day for BIR to assess is on? a. February 28, 2013 c. February 14, 2013 b. January 31, 2013 d. January 15, 2013 7. Based on no. 6, but assume the return filed was fraudulent and was discovered on March 31, 2010. The last day for BIR to assess is on? a. February 28, 2020 c. February 14, 2020 b. January 31, 2020 d. March 31, 2020 8. Piolo paid his income tax liability for 2009 on January 15, 2010. It was found out later on June 30, 2010 that he overpaid by more than P100,000. The last day to file a claim for tax refund is? a. April 15, 2013 c. June 30, 2012 b. January 15, 2012 d. June 30, 2013 9. Assuming his claim for tax refund was denied and the denial was received on April 30, 2013. The proper remedy available to the taxpayer is? a. Appeal to Court of Tax Appeals on or before May 15, 2013 b. Appeal to Court of Tax Appeals on or before May 20, 2013 c. File a motion for reconsideration on or before May 30, 2013 d. No more remedy since the 2 year period already expired 10. Who is not an agent of the BIR Commissioner in collecting taxes? a. The commissioner of Customs and his subordinates for internal revenue taxed on imported goods. b. The head of the appropriate government office and his subordinate for collection of energy tax. c. Banks duly accredited by the BIR for receipt of internal revenue taxes. d. Municipal/City mayors for collection of local taxes. 11. BIR Commissioner can terminate the taxable year in the following cases except: a. When the taxpayer is retiring from business subject to tax b. When he intends to leave the Philippines c. When he removes his property from the Philippines d. When he suddenly transfers the principal office of the business 12. Taxpayer received assessment from BIR on February 22, 2010. He filed motion for reconsideration on March 22, 2010 which was denied by BIR. Remedy of taxpayer is? a. Appeal to Court of Tax Appeals on or before April 22, 2010 b. Appeal to Court of Tax Appeals on or before April 30, 2010 c. Appeal to Court of Tax Appeals on or before April 21, 2010 d. Appeal to Court of Appeals on or before April 7, 2010 13. Based on no. 12, But Court of Appeals decided in favor of the taxpayer, Remedy of BIR is: (decision received on July 20, 2010) a. Appeal to Supreme Court within 15 days from July 20, 2010 b. Appeal to Court of Tax Appeals-En Banc within 15 days from July 20, 2010 c. Appeal to Court of Tax Appeals-En Banc within 30 days from July 20, 2010 d. None since government cannot appeal if lost in Tax cases 14. Based on no. 12, Court of Tax Appeals-En Banc decided in favor of BIR. Remedy is: (decision received by both parties on November 15, 2010) a. BIR to appeal to Supreme Court within 15 days from November 15, 2010 b. Taxpayer to appeal to Supreme Court within 15 days from November 15, 2010 c. Taxpayer to appeal to Supreme Court within 30 days from November 15, 2010 d. Taxpayer to appeal to Court of Appeals within 30 days from November 15, 2010 15. Based on no. 12, but the assessment became final and executory. The last day for BIR to collect is on: a. March 22, 2015 b. March 22, 2020 c. February 22, 2015 d. April 22, 2015 16. Which statement is incorrect? a. Taxes can be compromised due to financial incapacity of the taxpayer b. Taxes can be compromised if doubt exists on the amount due c. Taxes can be abated if they appear to be unjust or excessive d. Taxes can be abated if doubt exists on the collectible amount 17. Miramar's income tax for 1999 was P75, 000, as shown in her income tax return (ITR). She filed her return only on July 15, 2001 and paid the total amount upon filing the return. The total amount payable is: a. P113, 750 c. P98, 750 b. P112, 500 d. P97, 500 18. Taxpayer was assessed deficiency income tax of P200, 000 payable on or before June 15, 2000. Within the period however, he was only able to pay P100, 000 and the balance only on August 30, 2000. The total tax due that he is liable should be: c. P129, 155 c. P258, 333.33 d. P125, 000 d. P 250, 000

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