BIR Issuances and Rulings Defined
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Questions and Answers

What is the power to enact laws to promote public health, public morals, public safety, and the general welfare of the people?

  • Taxation
  • Territorial Power
  • Eminent Domain
  • Police Power (correct)

Which power involves the taking of private property for public use upon payment of just compensation?

  • Eminent Domain (correct)
  • Taxation
  • Territorial Power
  • Police Power

From which legitimate objective does the power of taxation flow forth?

  • Supporting the services of the government (correct)
  • Promoting public health
  • Exercising laws for public welfare
  • Taking private property for public use

Under what condition can the power to tax be exercised beyond the territorial jurisdiction of the taxing authority?

<p>Privity of relationship between the taxing state and the object of tax (A)</p> Signup and view all the answers

According to Adam Smith, what is the purpose of taxation?

<p>To defray the necessary expenses of the government (B)</p> Signup and view all the answers

How is taxation defined in the text?

<p>A power by which an independent state raises and accumulates revenue from its inhabitants (C)</p> Signup and view all the answers

What is one of the objectives of taxation mentioned in the text?

<p>Encouraging full employment (A)</p> Signup and view all the answers

What is the nature of taxation power according to the text?

<p>A power by which an independent state raises and accumulates revenue from its inhabitants (A)</p> Signup and view all the answers

What is the purpose of Revenue Memorandum Orders (RMOs)?

<p>To outline processes and procedures related to tax laws (B)</p> Signup and view all the answers

What is the main purpose of Revenue Memorandum Rulings (RMRs)?

<p>To clarify and interpret tax laws for taxpayers (A)</p> Signup and view all the answers

Why cannot BIR Rulings contravene duly issued RMRs?

<p>Because contravening RMRs would make the Rulings null and void (C)</p> Signup and view all the answers

What is the purpose of Revenue Bulletins (RBs)?

<p>To consolidate the BIR's position on specific issues of law or administration (A)</p> Signup and view all the answers

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