Statute of Limitations Quiz
3 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Under the Tax Code, how long does the BIR have to conduct an assessment?

  • 3 years (correct)
  • 4 years
  • 2 years
  • 1 year
  • In case of a false or fraudulent return with intent to evade tax or of failure to file a return, how long is the prescriptive period for assessment extended to?

  • 7 years
  • 5 years
  • 10 years (correct)
  • 8 years
  • For the collection of taxes, how long is the prescriptive period under Section 222 of the Tax Code?

  • 5 years (correct)
  • 1 year
  • 3 years
  • 7 years
  • More Like This

    Use Quizgecko on...
    Browser
    Browser