Which of the following is NOT a power granted to the tax authority?
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- Which of the following is NOT a power granted to the tax authority?
The power to arrest.
The power to audit.
The power to enter, search and remove documents and records
The power to request information from third parties.
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- Which of the following is NOT a power granted to the tax authority? a.The power to request information from third parties. b.The power to arrest. c.The power to audit. d.The power to enter, search and remove documents and recordWhich of the following is not an administrative remedy available to the government? a. Assessment b. Distraint C. Tax Avoidance D. Tax LienThe following powers are classified as primary powers of the Commissioner of the BIR. Which of these powers is the Commissioner’s secondary power? Power to interpret tax laws Power to assess and collect the amount of tax Power to make arrest and seizures Power to examine books of accounts.
- Is it acceptable or unacceptable for government tax enforcers to interact with tax accounting professionals?Under what responsibility would investigating tax fraud be? tax accounting, Financial Accounting, or managerial accountingWhich is NOT a proper exercise of administrative feasibility?a. Electronic Tax Payment System (eTPS)/Land Bank Remittance System (LBRS)b. Payment of tax thru credit/debit/prepaid cards/G-Cashc. Requirement to all taxpayers to file tax returnsd. Substituted Filing of Qualified Compensation Income Earners
- Who are covered by the anti-bribery provisions? Who are covered by the accounting provisions?Statements of procedures that affect the rights and obligations of taxpayers or the public in general with respect to the application of the tax laws or tax information which should be a matter of public knowledge are released as: a. Revenue Rulings b. Technical Advice Memoranda c. Private Letter Rulings d. None of the aboveWhich of the following is a compliance tool the IRS utilizes to address the tax gap? Compliance checks. Correspondence examinations. Discovery services. Processing and investigating unsolicited amended returns.
- Is it the auditors’ responsibility to verify that the client meets tax-exempt status?Under what responsibility would enforcing tax laws go under ?tax accounting, Financial Accounting or managerial accounting.When a CPA knows that a tax client has skimmed cash receipts and not reported the incomein the federal income tax return but signs the return as a CPA who prepared the return, theCPA has violated which of the following AICPA rules of conduct?a. The Confidential Client Information Rule.b. The Integrity and Objectivity Rule.c. The Independence Rule.d. The Accounting Principles Rule