Taxation, 2011 Bar — Question 30

MULTIPLE CHOICE

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 (A) the subject of the assessment is an income tax. (B) the amount of the tax involved does not exceed P100.00. (C) the corporate taxpayer has no other uncollected tax liability. (D) the taxpayer is an individual compensation income earner.

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