Practice question
A liable taxpayer neglects payment after demand. The valid assessed amount includes tax and lawful accruing interest, penalties and costs. Which description best fits Section 219's lien scope, assuming its requirements are met?
- It necessarily excludes every interest amount.
- It covers only the officer's travel allowance.
- It transfers the taxpayer's citizenship.
- It benefits the taxpayer's competitor.
- It secures the amount with the interest, penalties and costs described by the statute.
Legal references
- NIRC Section219, Nature and Extent of Tax Lien; https://lawphil.net/statutes/repacts/ra1997/ra_8424_1997.html
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