Practice question
A business outsources withholding compliance and assumes the accountant's engagement eliminates the business's own duty to ensure remittance, recipient statements and annual information filing. Assess that proposition without deciding a separate claim against the accountant.
Legal references
- NIRC Sections57-58,105-106 and110: https://lawphil.net/statutes/repacts/ra1997/ra_8424_1997.html
- RA11976, Sections9-10, current NIRC58(E) credit/refund conditions and trust-fund rule: https://lawphil.net/statutes/repacts/ra2024/ra_11976_2024.html
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