Podcast
Questions and Answers
What is the time limit for filing and paying taxes after the close of each calendar quarter?
What is the time limit for filing and paying taxes after the close of each calendar quarter?
- Within 30 days
- Within 15 days
- Within 25 days (correct)
- Within 10 days
Who can permit exceptions to the place of filing of estate tax returns?
Who can permit exceptions to the place of filing of estate tax returns?
- The Secretary of Finance
- The Authorized Agent Bank
- The Commissioner (correct)
- The Revenue Collection Officer
How should the taxes deducted and withheld by employers be held?
How should the taxes deducted and withheld by employers be held?
- In a special fund in trust for the Government (correct)
- In a general fund
- In a private account
- In a joint account with the Government
When should the estate tax imposed by Section 84 be paid?
When should the estate tax imposed by Section 84 be paid?
What is the requirement for filing estate tax returns, except in certain cases?
What is the requirement for filing estate tax returns, except in certain cases?
Who may require employers to pay or deposit taxes at more frequent intervals?
Who may require employers to pay or deposit taxes at more frequent intervals?
What is the purpose of requiring more frequent payment of taxes deducted and withheld?
What is the purpose of requiring more frequent payment of taxes deducted and withheld?
Where can estate tax returns be filed electronically or manually?
Where can estate tax returns be filed electronically or manually?
Who has the authority to approve the Commissioner's requirement for more frequent payment of taxes?
Who has the authority to approve the Commissioner's requirement for more frequent payment of taxes?
What is the responsibility of employers regarding taxes deducted and withheld?
What is the responsibility of employers regarding taxes deducted and withheld?
