Taxation, 2012 Bar — Question 2

MULTIPLE CHOICE

Which of the following statement is NOT correct? a) In case of doubt, statutes levying taxes are constructed strictly the government; b) The construction of a statute made by his predecessors is not binding upon the successor, if thereafter he becomes satisfied that a different construction should be given; c) The reversal of a ruling shall not generally be given retroactive application, if said reversal will be prejudicial to the taxpayer; d) A memorandum circular promulgated by the CIR that imposes penalty for violations of certain rules need not be published in a newspaper of general circulation or official gazette because it has the force and effect of law.

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