Practice question
Distinguish protection from a prejudicial retroactive reversal of a BIR ruling from a claim that every earlier BIR interpretation creates a permanent exemption against prospective tax laws. Assume no issue about validity of the later statute.
Legal references
- NIRC under RA8424, relevant unchanged provisions: https://lawphil.net/statutes/repacts/ra1997/ra_8424_1997.html Section246.
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