Académique Documents
Professionnel Documents
Culture Documents
Umangay
Julo
Vargas
RECIT PAGES:
1. 193
2. 211
3. 213
4. 212
5. 214
Cases:
1. Deutsch Bank Case - 241
2. Philippine Bank of Communications – Revenue Issuances - 229
a. Court cannot modify law
3. CIR v CA
4. Medina Case 254
a. Nature of the CIR commissioners Power to Make Assessments
5. Sy Po Case – 258
6. Cir v Kudos Metal - 260
Topics:
1. Kinds of Rulings
2. Non retroactivity of Revenue Issuances or Rulings
a. Sec 246
i. When will retroactivity be allowed
3. Powers of the Commissioner – p244
a. CIR may issue subpoena duces tecum
b. Sec 5
c. Sec 6 – 247
4. Best evidence obtainable rule – 258
a. BIR has no excuse to not conduct the the audit since may pwedeng
gawin ang BIR to have the correct report
5. Sources of Internal Revenue - 282
TRAIN LAW
Now when you want to sell
What value are you supposed to follow? Tax base is FMV
And what is tax? CGT
For purposes of CGT what is ued? Zonal Value
ASSIGNMENT
Sabi ni atty we can go to her office after final exams
Room 411 – for makeup