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Question Type

Essay Multiple Choice

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All Jurisprudence based

0 tracked cards Commercial and Taxation Laws

A taxpayer’s section 252 protest is finally decided in the taxpayer’s favor. What may happen to the protested tax or portion under section 252(c)?

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It must be paid to the assessor personally It shall be refunded or applied as a tax credit against existing or future tax liability It becomes a new penalty It is automatically transferred to an unrelated taxpayer

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