Question: On April 2014, Ms.

D registered with the BIR her business of renting her only property not
realizing that she was registered as a VAT taxpayer. The total annual rental from March to December 2014
was P236,880. May Ms. D request for the cancellation of her VAT registration and for the exemption from
paying VAT for 2014?
Yes, the BIR will allow the cancellation of VAT registration but she is still liable for VAT
Yes, the BIR will allow the cancellation of her VAT registration and grant the exemption from VAT
No, the BIR will not allow the cancellation of VAT registration for a period of 3 years and she is still liable
for VAT
No, the BIR will not allow the cancellation of VAT registration but she will be exempt from VAT