Practice question
What general surcharge rate does Section 248(A) state for its specified noncompliance cases, before any applicable micro or small taxpayer concession?
- 25%
- 6%
- 12%
- 100%
- 1%
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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