Practice question
A return admits a legally due and ascertainable P200,000 tax, left unpaid after its prescribed due date. Is a fresh deficiency assessment invariably necessary merely to repeat that admitted amount before collection?
- Yes, because self-assessment never matters
- No; Stradcom recognizes the collection basis for unpaid legally due self-assessed tax after its due date
- Yes, because no taxpayer can admit tax
- No, because the amount is forgiven
- Yes, unless the taxpayer is foreign
Legal references
- CIR v. Stradcom, G.R. 255520, April 21, 2025: https://lawphil.net/judjuris/juri2025/apr2025/gr_255520_2025.html
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