Practice question
An asserted waiver says only that the taxpayer hopes to resolve the case and may pay later. It has no definite extension date or express agreement extending prescription. Apply Standard Insurance without deciding any separate estoppel theory.
Legal references
- NIRC RA8424, Sections203,222–223 and228: https://lawphil.net/statutes/repacts/ra1997/ra_8424_1997.html Sections222(b) and223.
- CIR v Standard Insurance GR259729 November17,2025 MAIN: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/1/70327 MAIN legal prohibition, definite waiver and strict suspension grounds.
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