Practice question
What purpose for a surety bond during tax-collection suspension did American Wire identify?
- To ensure payment if the case is finally decided against the taxpayer
- To cancel every tax debt permanently
- To transfer the tax power to a private insurer
- To guarantee the taxpayer wins the merits
- To punish a taxpayer for seeking judicial review
Legal references
- NIRC under RA8424, relevant unchanged provisions: https://lawphil.net/statutes/repacts/ra1997/ra_8424_1997.html Section218.
- RA9282 Section9 amending RA1125 Section11: https://lawphil.net/statutes/repacts/ra2004/ra_9282_2004.html RA1125 Section11 collection-suspension proviso.
- CIR v. CTA Second Division and American Wire, GR280165, August4 2025 MAIN: https://lawphil.net/judjuris/juri2025/aug2025/gr_280165_2025.html MAIN statutory exception, hearing and bond.
- Spouses Pacquiao v. CTA, GR213394, April6 2016 MAIN: https://lawphil.net/judjuris/juri2016/apr2016/gr_213394_2016.html MAIN preliminary hearing on reduction or dispensation of security.
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