Answered: If there is a conflict between a BIR…

Business

Accounting

If there is a conflict between a BIR Ruling and a Revenue Memorandum Ruling, which will prevail?

Business/Professional Ethics Directors/Executives/Acct

8th Edition

ISBN:9781337485913

Author:BROOKS

Publisher:BROOKS

Chapter6: Professional Accounting In The Public Interest

Section: Chapter Questions

Problem 29.1EC

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Question

1. If there is a conflict between a BIR Ruling and a Revenue Memorandum Ruling, which will prevail?

2.Which tax system impacts more on the rich people, and why does it impacts them more?

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