Table Remedies

NIRC LOCAL TAXATION REAL PROPERTY TAXATION PRESCRIPTIVE PERIOD: ASSESSMENT 1. FILING OF RETURN IS REQUIRED OFF - 10 YRS FROM DISCOVERY SIMPLE NEGLIGENCE – 3 YRS FROM FILING 2. FILING OF RETURN IS NOT REQUIRED IMPRESCRIBTIBLE 5 YRS FROM THE DATE THEY BECOME DUE FRAUD/INTENT TO EVADE PAYMENT – 10 YRS FROM DISCOVERY 5 YRS FROM THE DATE THEY BECOME DUE FRAUD/INTENT TO EVADE PAYMENT – 10 YRS FROM DISCOVERY PRESCRIPTIVE PERIOD: COLLECTION 1. THERE IS AN ASSESSMENT 5 YRS FROM ASSESSMENT 2. NO ASSESSMENT AND THE RETURN IS FALSE/NO RETURN 10 YRS FROM DISCOVERY 1. THERE IS AN ASSESSMENT 5 YRS FROM ASSESSMENT 2. NO ASSESSMENT AND THE RETURN IS FALSE/NO RETURN 10 YRS FROM DISCOVERY 5 YRS FROM ASSESMENT TAXPAYER’S REMEDIES 1. PROTES 30 DAYS FROM RECEIPT OF ASSESSMENT OTHERWISE ASSESSMENT BECOMES FINAL 2. CLAIM FOR REFUND 2 YRS FROM PAYMENT FILE CLAIM TO THE CIR WAIT FOR 120 DAYS FOR THE CIR TO DECIDE AFTER THE 120 DAYS THE TAXPAYER HAS 30 DAYS TO APPEAL TO THE CTA 3. COMPROMISE 4. ABATEMENT PRIOR TO ASSESMENT 1. ADMIN APPEAL TO SEC OF JUSTICE 30 DAYS FROM THE EFFECTIVITY OF REVENUE ORDINANCE AFTER ASSESSMENT 1. PROTEST 60 DAYS FROM RECEIPT OF NOTICE OF ASSESSMENT 2. REFUND 2 YRS FROM DATE OF PAYMENT 1. QUESTION THE LEGALITY OF TAX ORDINACE 30 DAYS FROM THE EFFECTIVITY DOJ 2. APPEAL TO THE LBAA FROM THE ASSESSMENT 60 DAYS FROM RECEIPT OF WRITTEN NOTICE OF ASSESSMENT LBAA 3. PROTEST 30 DAYS FROM PAYMENT

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Transcript of Table Remedies

NIRCLOCAL TAXATIONREAL PROPERTY TAXATION

PRESCRIPTIVE PERIOD: ASSESSMENT1. FILING OF RETURN IS REQUIRED OFF - 10 YRS FROM DISCOVERY SIMPLE NEGLIGENCE 3 YRS FROM FILING

2. FILING OF RETURN IS NOT REQUIRED IMPRESCRIBTIBLE 5 YRS FROM THE DATE THEY BECOME DUE FRAUD/INTENT TO EVADE PAYMENT 10 YRS FROM DISCOVERY 5 YRS FROM THE DATE THEY BECOME DUE FRAUD/INTENT TO EVADE PAYMENT 10 YRS FROM DISCOVERY

PRESCRIPTIVE PERIOD: COLLECTION1. THERE IS AN ASSESSMENT 5 YRS FROM ASSESSMENT

2. NO ASSESSMENT AND THE RETURN IS FALSE/NO RETURN 10 YRS FROM DISCOVERY

1. THERE IS AN ASSESSMENT 5 YRS FROM ASSESSMENT

2. NO ASSESSMENT AND THE RETURN IS FALSE/NO RETURN 10 YRS FROM DISCOVERY

5 YRS FROM ASSESMENT

TAXPAYERS REMEDIES1. PROTES 30 DAYS FROM RECEIPT OF ASSESSMENT OTHERWISE ASSESSMENT BECOMES FINAL

2. CLAIM FOR REFUND 2 YRS FROM PAYMENT FILE CLAIM TO THE CIR WAIT FOR 120 DAYS FOR THE CIR TO DECIDE AFTER THE 120 DAYS THE TAXPAYER HAS 30 DAYS TO APPEAL TO THE CTA

3. COMPROMISE4. ABATEMENTPRIOR TO ASSESMENT

1. ADMIN APPEAL TO SEC OF JUSTICE 30 DAYS FROM THE EFFECTIVITY OF REVENUE ORDINANCE

AFTER ASSESSMENT

1. PROTEST 60 DAYS FROM RECEIPT OF NOTICE OF ASSESSMENT

2. REFUND 2 YRS FROM DATE OF PAYMENT1. QUESTION THE LEGALITY OF TAX ORDINACE 30 DAYS FROM THE EFFECTIVITY DOJ

2. APPEAL TO THE LBAA FROM THE ASSESSMENT 60 DAYS FROM RECEIPT OF WRITTEN NOTICE OF ASSESSMENT LBAA

3. PROTEST 30 DAYS FROM PAYMENT TREAS

4. REFUND 2 YRS FROM DATE OF ENTITLEMENT PROVINCIAL/CITY TREAS