Free Legal Advice Philippines
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Free Legal Advice Philippines

Disclaimer: This web site is designed for general information only and does not create attorney-client relationship. Persons accessing this site are encouraged to seek independent counsel for legal advice regarding their individual legal issues.

Log in

I forgot my password




You are not connected. Please login or register

question 67 mcq BAR EXAM TAXATION 2012

Go down  Message [Page 1 of 1]

1taxation - question 67 mcq BAR EXAM TAXATION 2012 Empty question 67 mcq BAR EXAM TAXATION 2012 Sat Nov 10, 2012 7:09 am

taxconsultantdavao


Reclusion Perpetua


67.
For purposes of real property taxes, the tax rates are applied on:
a) Zonal values;•
b) Fair market value;
c) Assessed values;
d) Reproduction values.

taxconsultantdavao


Reclusion Perpetua



ANSWER IS C. PLEASE SEE SECTION 233 OF RA 7160


** KEY WORDS: tax rates are applied on (assessed values)

example: in the case of province, at the rate of not exceeding 1% on assessed value OF THE real property [u]

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum