The official document issued by the CIR or his authorized representative authorizing the examination of taxpayer records is called: a.Authorization letter b.Letter Notice c.Letter of Authority d.Mission Order

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The official document issued by the CIR or his authorized representative authorizing the examination of taxpayer records is called:

a.Authorization letter

b.Letter Notice

c.Letter of Authority

d.Mission Order

 

Which is NOT a power of the Commissioner?

a.The power to abandon previous rulings

b.The power to enter into a compromise

c.The power to issue revenue regulations

d.The power to issue rulings of first impression

63. Goyo, a non-resident citizen, returned to the Philippines on July 1 with the intention of permanently
resettling therein. The proper treatment of the income is:
Income from January 1 to June 30
Without
Exempt
Exempt
Income from July 1 to December 31
Within
Within
Without
Taxable
Exempt
Exempt
Taxable
а.
Taxable
Тахable
b. Taxable
Тахable
Taxable
Exempt
Exempt
С.
d.
Taxable
Тахable
Taxable
Transcribed Image Text:63. Goyo, a non-resident citizen, returned to the Philippines on July 1 with the intention of permanently resettling therein. The proper treatment of the income is: Income from January 1 to June 30 Without Exempt Exempt Income from July 1 to December 31 Within Within Without Taxable Exempt Exempt Taxable а. Taxable Тахable b. Taxable Тахable Taxable Exempt Exempt С. d. Taxable Тахable Taxable
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