Taxation, 2011 Bar — Question 29

MULTIPLE CHOICE

On July 31, 2011, Esperanza received a preliminary assessment notice from the BIR demanding that she pays P180,000.00 deficiency income taxes on her 2009 income. How many days from July 31, 2011 should Esperanza respond to the notice? (A) 180 days. (B) 30 days. (C) 60 days. (D) 15 days.

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