Practice question
What does the current TRAIN-amended Section 249 expressly prohibit?
- Every form of interest on unpaid tax
- Every audit of a return
- Every taxpayer protest
- Every distinction between principal and interest
- Simultaneous imposition of deficiency and delinquency interest
Legal references
- NIRC Section249, as amended by RA10963, Section75: https://lawphil.net/statutes/repacts/ra2017/ra_10963_2017.html
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