SWFT Corp Partner Estates Trusts
42nd Edition
ISBN: 9780357161548
Author: Raabe
Publisher: Cengage
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Which of the following may be relied on and cited as authority for a tax position taken on a client's return?
A. A section from the Form 1120 instructions
B. Revenue Ruling
C. A section from the CCH Master Tax Guide
3. Compare and contrast the following other agencies
tasked with tax collections and other fees. ( .S)
a. Bureau of Customs (BOC)
b. Board of Investments (BOI)
c. Local Gov't Tax Collecting Units
1. What are the purposes of the imposition of excise taxes (e.g. sin taxes)?
2. Read and locate the changes in the excise taxes in the Philippines included in the Republic Act No. 10963 or the Tax Reform for Acceleration and Inclusion Law (TRAIN Law). Reflect on the possible reasons of the Congress in including these provisions in the amendments of the National Internal Revenue Code of the Philippines. Support your answers by providing facts and/or arguments.
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