Basic Taxation Law: Tax Remedies
Tax Remedies I. Remedies of the Government Remedies have been allowed, in every age and country, for the collection by the government of its revenues. They have been considered a matter of state necessity. The existence of the government depending on the regular collection of revenue must, as an object of primary importance, be insured. With this objective in mind, promptness in collection is always desirable, if not imperative. A. Assessment and Collection B. Remedies for Collection of Delinquent Taxes C. No Injunction to Restraint Tax Rule A. Assessment and Collection Assessment precedes collection except when the unpaid tax is a tax due per return as in the case of a self-assessed income tax under the pay-as-you file system in which case collection may be instituted without need of assessment pursuant to Section 56 of the NIRC (R.A. 10936). Sec. 56. Payment and Assessment of Income Tax for Individuals and Corporations. (A) Payment of Tax . In ...