Understanding Tax Credit Suspension and Exemptions
2) The cases specified in the CTN for suspension of the tax credit do not include:
C) the partial payment of the tax.
3) A triggering event occurs causing Augusto to pay the tax. However, a law was later edited, extinguishing half of the debt for individuals in Augustus’s situation without payment. It took six years, and the tax was not even the tax credit against Augustus, on the other half of the credit.
In this case, the situation is set up by extinguishing the debt:
A) remission and decay.
4) The institution by the Union regarding tax benefits for income tax may be made:
C) both in dealing with law and in tax law that addresses income tax.
5) It promotes the extinction of the tax credit on taxes owed by taxpayers:
D) conversion, if overtaken, public deposit income.
6) Assuming that a request for payment in installments of the tax has been approved by the secretary of state of a farm federation, check the correct option:
A) The benefit granted by the administration is called a moratorium.
7) The establishment, by a supplementary law, of the upper limit for establishing the value of forgiveness and amnesty is constitutionally due to the contribution:
D) on the employer payroll.
8) Assuming that the record is made of the assessment and the tax credit is established as a result of the assessment by the tax authorities, the taxpayer who failed to issue invoices and collect sales tax should check the correct option:
B) In this situation, where unlawful conduct of non-payment by the taxpayer is found, a craft should be launched.
9) The installment payment of tax debt incurred by a corporation:
A) does not, by itself, trigger the application of interest and penalties.
10) A social welfare charity nonprofit can enjoy immunity, provided it meets the legal requirements for:
A) taxes on property, income, services, and social security contributions.
11) There is no provision in the Internal Revenue Code regarding the launching of craft made, evidenced by:
D) lack of functionality leading to the application of fee payment.
12) Dalton paid with a check a penalty tax equal to 150% of the amount of tax due and the total amount of a fee. Regarding this hypothetical situation, it is true that:
D) the payment of the full fee does not negate the presumption of payment concerning other taxes.
13) According to the Internal Revenue Code, the division of the tax credit:
A) does not benefit cases of willful misconduct, fraud, or misrepresentation by the taxpayer or third party for their benefit.
14) With regard to prescription and the decline in tax law, check the correct option:
D) To subject the tax declaration and release by the office, the right of the Exchequer to establish tax credits expires in five years, counted from the first day of the year following the year in which the launch could have been made.
15) A determined taxpayer notified by the local tax authorities to prove, through documents and invoices relating to a period, the tax compliance of operations practiced by him, resolved to seek the tax, declaring that he was in debt and made payment of taxes subject to monitoring with interest. In the hypothetical situation presented, the taxpayer:
D) is not entitled to the benefit of spontaneity, so he can be fined and must pay the penalties.
16) Check the correct choice regarding the exclusion of tax credit:
B) The law that grants tax exemption must be interpreted restrictively.
17) Check the proper understanding of the guarantees and privileges of the tax credit:
C) In bankruptcy proceedings, the tax credit does not prefer amounts subject to repayment under bankruptcy law, nor to loans with collateral in the value of the well recorded.
18) Vera and Mara are taxpayers obligated, jointly and severally, by law, to pay a monthly tribute. One month, a law was published that exempted from tax individuals suffering from certain diseases, which applies to Vera. In this hypothetical situation:
D) the exemption does not relieve Vera and Mara, leaving this an obligation for the remaining balance.