Practice question
A covered micro taxpayer has a valid final assessed deficiency unpaid after the demand deadline. It argues EOPT interest relief means there can be neither a delinquent tax nor any interest. Which is best?
- EOPT automatically pays every micro taxpayer's basic tax.
- The rate reduction does not erase the unpaid basic tax or its delinquent status; apply the proper reduced interest without forbidden overlap.
- A reduced rate makes all final demands legally nonexistent.
- Every covered taxpayer must pay both current deficiency and delinquency interest for identical periods.
- Only the taxpayer's annual sales label determines whether payment occurred.
Legal references
- CIR v. Stradcom Corporation, G.R.255520, April21,2025, MAIN decision: https://lawphil.net/judjuris/juri2025/apr2025/gr_255520_2025.html
- RA10963, TRAIN, amended NIRC249 deficiency/delinquency interest: https://lawphil.net/statutes/repacts/ra2017/ra_10963_2017.html
- RA11976, Ease of Paying Taxes Act, reduced interest for micro and small taxpayers: https://lawphil.net/statutes/repacts/ra2024/ra_11976_2024.html
Answer this question in flashcards to review your response and continue practicing.