What is the timeframe for the CBT to hear appeals after the last day for filing?

The correct answer is that the Central Business Tax (CBT) must hear appeals within one month after the last day for filing. This timeframe is set by the administrative rules governing the appeal process, which ensures that the appeals are addressed promptly and within a specified period. Timely hearings are crucial as they allow taxpayers to resolve disputes efficiently and ensure that tax matters are handled in a timely manner.

The other options suggest either too short or impractical timeframes. A one-week period may not provide adequate time for proper review and consideration of the appeals, while a timeframe extending to the entire calendar year would delay the resolution process significantly, which is not conducive to effective governance and taxpayer service. A 60-day period is longer than the established one-month timeframe and would not align with the goals of swift and efficient processing of appeals.