Practice question
Which part of Toda’s three-factor formulation concerns the means employed?
- Only the taxpayer’s preferred tax rate
- Only a buyer’s identity
- A course of action or failure of action that is unlawful
- Only the number of contracts
- Only the tax office’s location
Legal references
- CIR v. Estate of Benigno P. Toda, Jr., G.R. No. 147188, September 14, 2004, main decision: https://lawphil.net/judjuris/juri2004/sep2004/gr_147188_2004.html
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