Practice question
What is the subject of LGC Section 206, sometimes incorrectly cited as compromise authority?
- The CIR's power to compromise national income tax
- Automatic reduction of all local assessments
- Proof of exemption of real property from taxation
- Unlimited mayoral power to waive debts
- Mandatory settlement at ten percent
Legal references
- RA7160, Sections22(c),192,206,226,231,252–253 and276–277: https://lawphil.net/statutes/repacts/ra1991/ra_7160_1991.html
- Guialani v. Court of Appeals, GR221253-54 and consolidated cases, April26 2021, main decision: https://lawphil.net/judjuris/juri2021/apr2021/gr_221253-54_2021.html
- RA12001, Sections13–18 and38: https://lawphil.net/statutes/repacts/ra2024/ra_12001_2024.html
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