Module 3 & 4 Reviewer:
What is the prescriptive
1. Which of the following is
considered as tax evasion?
a) Tax dodging
b) shifting of OUTPUT VAT to next
person
c) claim all allowable deductions
d) use applicable tax credits
2. Which of the following tax
escape is illegal?
a) tax minimization
b) tax dodging
c) shifting of VAT to customer
d) double tax agreement
(reciprocity)
3. Which of the following is
fraudulent tax violation?
a) Late filing and payment of tax
b) filing of tax return to the
wrong RDO
c) non filing of tax required tax
return
d) filing of amended tax return
4. Which of the following is
fraudulent tax violation?
a) The taxable amount declared
was P840,000 when the factual
amount is P1,150,000
b) The allowable deduction is
P460,000, what was declared
was P605,000
c) both A and
d) none
5. Which of the following tax
remedies could be initiated by
both the taxpayer and the gov’t?
a) abatement
b) tax compromise
c) issuance of subpoena duces
tecum D request for tax refund
6.
period for issuance of a valid
FAN?
a) within 3 years from date of
last payment of tax
b) within 3 years from date of
required filing if it is
earlier than the actual date
of filing
c) within 3 years from date of
actual filing if it is later
than the required date of
filing
d) within 3 years from the date
of required filing
7. The basic tax assessment in
the FAN is P500,000. How much
is the minimum amount of tax
compromise that the BIR
Commissioner could legally
accept?
a) P50,000 if the basis in the
doubtful assessment of the
FAN
b) P200,000 if the basis is the
financial incapability of
the taxpayer.
c) P50,000 if the reason is the
insolvency of the taxpayer
d) any of the above
8. Which of the following is a
valid reason/s for abatement of
taxpayer's tax liability?
a) fraudulent tax return
b) cost of collection is more
than the amount of tax
assessed
c) financial incapability of
taxpayer
d) all of the above
9. The levied property for tax
deficiency is allowed to be
redeemed by the taxpayer within
one year plus interest of
a) 12%
b) 15% credit against his actual tax
c) 24% due in his tax 3 return.
d) 25%
a) True; True
10. When the real property in a b) True; False
levy proceedings was not sold in c) False; True
the public auction, it is d) False; False

a) as if purchased by the gov’t 14. Statement 1: Final

b) forfeited in favor of the withholding taxes are collected
gov’t at source.
c) Returned back to the taxpayer Statement 2: Expanded
d) destroyed in public view withholding tax is a creditable
withholding tax against actual
11. Statement 1: The Department tax
of Finance is the head
department of Bureau of Internal a) True; True
Revenue and Bureau of Customs. b) True; False
Statement 2: The BIR is the c) False; True
National gov’t department which d) False; False
is implementing national taxes
administration. 15. The following taxes are
national taxes as to collecting
a) True; True units, except
b) True; False
c) False; True a) documentary stamp tax
d) False; False b) real property tax
c) custom duties
12. Statement 1: Local taxes d) documentary stamp tax
under the Local Government Code
are payable to the local 16. The following are authorized
treasurers of the LGUS. withholding tax agents, except
Statement 2: Community tax and
professional tax are under the a) EMPLOYEE With no self-
tax administration of the Bureau employment income
of Internal Revenue. b) PROFESSIONAL earning most of
his income as professional fee
a) True; True and earning also compensation
b) True; False income
c) False; True c) Gov’t units
d) False; False d) Tax exempt general
professional partnership

13. Statement 1: The withholding 17. The following are creditable

agent is required to withhold withholding taxes monthly
and remit the required final remittance forms, except
withholding taxes and creditable
withholding taxes. a) 1601C
Statement 2: The creditable b) 1601EQ
withholding tax is reportable by c) 0619F
the income earner as his tax d) 0619E
18. The following are to be
filed/remitted monthly, except

a) 0619F
b) 1601C
c) 1604F
d) 0619E

19. The following are annual tax

returns, except

a) 1601C
b) 1604F
c) 1700
d) 1702

20. The fiscal year of the

partnership is ending June 30.
When is the deadline of its
first quarter?

a) 15th of April
b) 30th of July
c) 30th of October
d) 29th of November