Practice question
A taxpayer seeks only reconsideration based on existing records and legal arguments. No reinvestigation is granted. Does that request alone suspend prescription on Section 223’s reinvestigation ground?
- No; reconsideration alone is not the granted reinvestigation specified by the statute
- Yes, every protest suspends indefinitely
- Yes, all legal arguments are new evidence
- Yes, because paper was used
- Yes, because the taxpayer is a corporation
Legal references
- CIR v. Standard Insurance, G.R. 259729, November 17, 2025: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/1/70327
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