Practice question
A resident individual turns 18 on August 15 and has no other basis for community-tax liability that year. How does 161 treat the age-triggered liability for that year?
- A full year is automatically due solely from the August birthday.
- Ten years of tax become due.
- The individual must pay every corporation's tax.
- The individual is not liable that year under the on-or-after-July 1 rule.
- Age is never addressed by 161.
Legal references
- RA7160, LGC Sections139,145-146,150,157-163 and252-253: https://lawphil.net/statutes/repacts/ra1991/ra_7160_1991.html
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