Practice question
An assessed taxpayer owns an enforceable credit against a customer. Assuming the lien's conditions, does absence of a physical object alone exclude that right?
- Yes; only objects that can be carried by hand qualify.
- Yes; every credit belongs to the government already.
- No; because the customer automatically becomes the taxpayer.
- Yes;219 applies only to registered land.
- No; rights to property are within the stated statutory scope.
Legal references
- NIRC Sections208-210,215-219: https://lawphil.net/statutes/repacts/ra1997/ra_8424_1997.html
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