Practice question
A lawful distraint sale produces more than the entire tax claim and authorized expenses. What must happen to the surplus?
- It becomes the treasurer’s reward
- It must be destroyed
- It is automatically a donation
- It must pay an unrelated person’s taxes
- It must be returned to the owner of the property sold
Legal references
- https://lawphil.net/statutes/repacts/ra1991/ra_7160_1991.html — RA 7160, sections 172–185 and 194
Answer this question in flashcards to review your response and continue practicing.