Compromise of Assessment

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1. Which statement best describes why a compromise reducing an assessed local tax must have a legal basis? Multiple Choice Easy
2. Under LGC Section 22(c), what is generally required before the local chief executive enters into a contract on behalf o… Multiple Choice Easy
3. What is the subject of LGC Section 206, sometimes incorrectly cited as compromise authority? Multiple Choice Easy
4. A property owner submits an offer to pay half of an assessed RPT liability. No authorized LGU representative has accept… Multiple Choice Medium
5. A city treasurer argues that the CIR's power under NIRC Section 204 automatically gives every local treasurer identical… Multiple Choice Medium
6. A mayor and treasurer agree privately to reduce a litigated RPT deficiency to a small fraction of the amount due. They … Multiple Choice Hard
7. A property owner already pays RPT delinquencies pursuant to a compromise agreement. The owner seeks the national amnest… Multiple Choice Hard
8. Explain the authority questions that must be examined before accepting a compromise of a local RPT assessment. Refer to… Essay Medium
9. Distinguish an RPT compromise from proof of exemption, correction of an erroneous assessment, and statutory condonation. Essay Medium
10. Explain the relationship between an existing RPT compromise and RA 12001's Section 30 amnesty. Does the amnesty automat… Essay Medium
11. What defines a tax compromise in Guialani’s MAIN discussion? Multiple Choice Easy
12. Why does a compromise require lawful authority under Guialani? Multiple Choice Easy