Practice question
Under CTA7(c)(1), what principal-amount threshold separates the stated CTA original collection jurisdiction from the less-than threshold proviso?
- PHP1 million.
- PHP100 only.
- Every amount is necessarily CTA original jurisdiction.
- Only the taxpayer's net worth matters.
- There is no statutory threshold.
Legal references
- RA9282 Section7(c), CTA collection jurisdiction: https://lawphil.net/statutes/repacts/ra2004/ra_9282_2004.html
- RA11576, regular-court jurisdiction amendments: https://lawphil.net/statutes/repacts/ra2021/ra_11576_2021.html
- People v. Mendez, G.R. Nos.208310-11 and208662, March28,2023, EN BANC MAIN, special tax-collection jurisdiction retained after RA11576: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/1/69095
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