1. Juan donated a piece of land. He was assessed a basic donor’s tax of P 30,000. Compute…

1. Juan donated a piece of land. He was assessed a basic donor’s tax of P 30,000. Compute the documentary stamp tax.
a. P 30,000
b. P 12,000
c. P 11,250
d. P  7,500
2. An adverse final decision on a disputed assessment issued by the Commissioner must be disputed by filing a
a. Petition for review with the National Evaluation Board
b. Motion for reconsideration with the Commissioner
c. Petition for review with the Court of Tax Appeals
d. Petition for review on certiorari with the Supreme Court
The following data relate to the disputed assessment of a tax payer: Date FLD / FAN was received : August 5, 2020 Filing date of a motion for
reconsideration : August 29, 2020 CIR’s denial of the request : December 4, 2021
3.What is the taxpayer’s next procedure?
a. Petition for review before the CTA on or before January 3, 2021
b. Petition for review before the CTA on or before January 31, 2021
c. Petition for review on certiorari before the Supreme Court on or before January 3, 2021
d. Petition for review on certiorari before the Supreme Court on or before January 31, 2021