Live Breaking News & Updates on Local Treasurer

Stay updated with breaking news from Local treasurer. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Best evidence obtainable in assessment cases • Atty. Rodel C. Unciano

Under existing rules, tax assessments are ordinarily based on the returns and documents submitted by the taxpayer during the examination. However, when a report required by law as basis of the assessment is not forthcoming within the time fixed by laws, or when there is reason to believe that the taxpayer’s reports are false, incomplete ....

Supreme Court , Tax Code , Revenue Memorandum Circular , Presumptive Income Level , Assessment Approach , Local Treasurer ,