![]() (D) No, because the Bureau of Customs has not yer issued the legal permit for withdrawal pending the FDA's findings. (C) No, if the amount paid as duties and value-added taxes due on the importation was insufficient. (B) Yes, the Bureau of Customs is estopped from holding the release of the shipment after receiving the payment. (A) Yes, because the importation was already terminated as a result of the payment of the taxes due. Is the Bureau of Customs at fault for refusing to release the shipment just as yet? The Bureau of Customs did not, however, issue the release papers of the shipment yet since the Food and Drug Administration (FDA) needed to test the suitability of the wine for human consumption. The shipment was assessed duties and value-added taxes of P300,000 which Amaretto, Inc. (5) Amaretto, Inc., imported 100 cases of Marula wine from South Africa. (D) It shall pay a tax of one-half of 1% of the P2 million gross sales. (B) It shall report the P200,000.00 in its corporate income tax return adjusted by the holding period. (A) It shall declare a P2 million gross income in its income tax return, deducting its cost of acquisition as an expense. Keyrand sold the shares for P2 million and realized a net gain of P200,000.00. (4) Keyrand, Inc., a Philippine corporation, sold through the local stock exchange 10,000 PLDT shares that it bought 2 years ago. (D) transaction that is the source of the income is consummated. (C) income has been received, either actually or constructively. (B) income has been actually received in money or its equivalent. (A) taxpayer fails to include the income in his income tax return. (3) There is no taxable income until such income is recognized. (D) That text messages are an important part of the lives of the people she represents. (C) That she is filing the case in behalf of a substantial number of taxpayers. ![]() (B) That tax money is being extracted and spent in violation of the constitutionally guaranteed right to freedom of communication. (A) That she is entitled to the return of the taxes collected from her in case the court nullifies the tax measure. Aside from claiming that the law adversely affects her since she sends messages by text, what may she allege that would strengthen her claim to the right to file a taxpayer’s suit? (2) Anne Lapada, a student activist, wants to impugn the validity of a tax on text messages. (D) the power is delegated to it by the province. (B) the real property is located in the municipality. (A) the real property is within the Metropolitan Manila Area. (1) A municipality may levy an annual ad valorem tax on real property such as land, building, machinery, and other improvement only if Bar Examination Questionnaire for Taxation Law
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