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MOCK BAR EXAMINATION QUESTIONS IN TAXATION 1. Under RA 9 010 the following w ill be subj ect to EVA T starting January 1 !00" e #ce$t% a. &rofessi ona ls actors actresse s tale nt sing ers etc. b. 'an(s an d non )ban( financial inter*ediaries c. +er, ices $erf or*e d a s $r ofes sion al a thle tes d. -ab arets n ight club s an d ra cetr ac(s !. E#$o rt of ari(ina sho es is su bjec t to% a. 1!/ VAT b. 0/ VAT c. E#e*$t d. +$ecific Ta# ". As sess*ent is necessary in th e fo ll owin g c ases e #ce$t% a. before the $re li*inary in, estigation of a fraudulen t ta# e, asion case could $ros$er b. to f i# t he t a# l iabi lity of a ta# $ayer c. estab lis h a cas e for jud ici al ac tio n d. for issu anc e o f warrant of dist raint or l e,y . Th e $resc ri $t i, e $er io d f or co ll ec ti on of ta #e s i s% a. 10 yea rs fro* dis co, ery of o*is sio n to file retur n fal sity or frau d if there is no assess*ent b. " years f ro* fil ing of ret urn c. years f ro* r el ease of a ssess*ent d. a a nd c are corre ct . 2*$ortation of auto*obiles is subje ct to% a. 3rad uate d Ad ,alo re* ta# of !/ to 40/ b. VAT of 1!/ c. +$ecific ta # d. a and b e. E#e*$t 4. The *anufacture an d i*$ or ta ti on of the f ollowi ng fo r local consu*$t ion are sub je ct to e#cise ta# e#ce$t% a. al co hol $roducts b. tobacco $r od ucts c. ci ne*ato gr a$ hic fil*s d. *i nera l $ro du ct s 5. 6o*estic sale of bagoong is% a. e# e*$t fr o* VAT b. sub ject to 1 !/ VA T if gro ss ann ual sa les e# cee d &1. c. su bj ect to 0 / V AT d. sub ject t o "/ $ erce nta ge ta # if e# e*$t fro* V AT e. b and d are correct 7. The '2 R co**issioner *ay88 888 $a y*ent o f in ter nal re,enue ta# when i t a$ $ears to be unju stly or e#ce ssi,e ly asse ssed or that the ad*i nistrati ,e and collection costs in,ol,ed do not justify the collection thereof. a. co*$ro *i se
