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Philippine Bar review · Question

Practice question: Appraisal and Assessment (See also RA 12001)

Multiple Choice Easy

Practice question

How many different adjustment options must the Section 17 revenue and tax impact report propose for Sanggunian consideration?
  1. None
  2. Only whichever one the assessor privately prefers
  3. Ten mandatory tax increases
  4. Only a foreign valuation
  5. Three options concerning existing assessment levels and tax rates

Legal references

  • RA 12001, Sections 3-4, 14-19 and 29: https://lawphil.net/statutes/repacts/ra2024/ra_12001_2024.html

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