Practice question
For a qualifying micro or small taxpayer's ordinary Section 248(A) case, what reduced civil-penalty rate does EOPT provide?
- 25%
- 10%
- 50%
- 75%
- 100%
Legal references
- NIRC Section248(A), as amended by RA11976 Section41; RA11976 Section45(b); https://lawphil.net/statutes/repacts/ra2024/ra_11976_2024.html
- NIRC Section248(B); https://lawphil.net/statutes/repacts/ra1997/ra_8424_1997.html
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