Pages

▼

Taxation Law Question: II

  1. What is the "all events test"? Explain briefly. (2%)

  2. What is the "immediacy test"? Explain briefly. (2%)

  3. What is the "rational basis" test? Explain briefly. (2%)

  4. What is the effect of the execution by a taxpayer of a "waiver of the statute of limitations" on his defense of prescription? (2%)

  5. What is the basis for the computation of business tax on contractors under the Local Government Code? (2%)

  6. How are retiring businesses taxed under the Local Government Code? (2%)

1 comment:

  1. Bar Top SnatcherOctober 1, 2010 at 2:55 AM

    a: The all-events test, is the requirement that all the events fixing an accrual-method taxpayer's right to receive income or incur expense must occur before the taxpayer can report an item of income or expense. Tama!

    ReplyDelete

Feel free to add your comments, answers and reactions to the specified BAR Question above.