Question 1 of 10 1 Point Question 2 of 10 1 Point The taxpayer shall file documentary stamp tax The documentary stamp tax return shall be filed return on loose stamp. within five (5) days from the close of the month the transaction is executed. Select the correct response: Select the correct response: O True True False False Question 5 of 10 1 Point Question 3 of 10 1 Point Question 4 of 10 1 Point Once DST is unpaid, the document can never be Question 6 of 10 presented as evidence in court. 1 Point Documentary stamp tax does not apply when the The person benefited by the transaction usually transaction is void or voidable. pays the DST. Documentary stamp tax is a form of an excise Select the correct response: tax Select the correct response: Select the correct response: True Select the correct response: True True False O True OFalse OFalse False Question 9 of 10 1 Point Question 7 of 10 1 Point Question 8 of 10 1 Point Documents pertaining to the same taxable Question 10 of 10 1 Point transactions are taxable as one transaction. A single transaction may result in payment of Non-payment of documentary stamp taxes shall If one party is exempt in a transaction subject to several documentary stamp taxes. invalidate the contract. Select the correct response. ST, the other non-exempt party is taxable. Select the correct response. Select the correct response: Select the correct response. True True True True O False O False O False O False