Which is FALSE? S1 – A Notice of Discrepancy needs to be settled within 30 days from receipt of Notice S2 – A taxpayer is required to reply to the Preliminary Assessment Notice (PAN) within 15 days from receipt of the PAN S3 – A taxpayer is required to protest to the Formal Letter of Demand / Final Assessment Notice (FLD/FAN) within 30 days from receipt of the FLD/FAN otherwise the assessment shall become final, executory and demandable S4 – A taxpayer is required to file an administrative or judicial appeal within 30 days from receipt of the Final Decision on Disputed Assessment (FDDA) otherwise the assessment shall become final, executory and demandable. Group of answer choices d. S4 c. S3 a. S1 b. S2
Which is FALSE? S1 – A Notice of Discrepancy needs to be settled within 30 days from receipt of Notice S2 – A taxpayer is required to reply to the Preliminary Assessment Notice (PAN) within 15 days from receipt of the PAN S3 – A taxpayer is required to protest to the Formal Letter of Demand / Final Assessment Notice (FLD/FAN) within 30 days from receipt of the FLD/FAN otherwise the assessment shall become final, executory and demandable S4 – A taxpayer is required to file an administrative or judicial appeal within 30 days from receipt of the Final Decision on Disputed Assessment (FDDA) otherwise the assessment shall become final, executory and demandable. Group of answer choices d. S4 c. S3 a. S1 b. S2
Chapter17: Tax Practice And Ethics
Section: Chapter Questions
Problem 38P
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Question
Which is FALSE?
S1 – A Notice of Discrepancy needs to be settled within 30 days from receipt of Notice
S2 – A taxpayer is required to reply to the Preliminary Assessment Notice (PAN) within 15 days from receipt of the PAN
S3 – A taxpayer is required to protest to the Formal Letter of Demand / Final Assessment Notice (FLD/FAN) within 30 days from receipt of the FLD/FAN otherwise the assessment shall become final, executory and demandable
S4 – A taxpayer is required to file an administrative or judicial appeal within 30 days from receipt of the Final Decision on Disputed Assessment (FDDA) otherwise the assessment shall become final, executory and demandable.
Group of answer choices
d. S4
c. S3
a. S1
b. S2
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ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT