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CA 466 Section 100

Interest on deficiency.

Section 100

SEC. 100. Interest on deficiency. — Interest upon the amount determined as a deficiency shall be assessed at the same time as deficiency, shall be paid upon notice and demand from the Collector of Internal Revenue, and shall be collected as a part of the tax, at the rate of six per centum per annum from the due date of the tax to the date the deficiency is assessed.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER I - Estate and Inheritance Taxes →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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