Community Tax and Taxation Stages Quiz

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Questions and Answers

What is an example of forward shifting in taxation?

Value-added tax (VAT) (correct)

Government revenue loss strategies

Tax evasion tactics

Tax exemption criteria

What are the determinants of situs of taxation?

Nature, kind or classification of tax imposed, subject matter of tax, source of income being taxed (correct)

Place of excise, privilege, business being taxed, citizenship and residence of taxpayer

Types of tax evasion, tax avoidance strategies, tax exemption criteria

Ways of reducing taxes, tax shifting mechanisms, market power dynamics

Which type of shifting involves transferring the tax burden to buyers with considerable market power?

Tax exemption shifting

Onward shifting

Backward shifting (correct)

Forward shifting

What does tax evasion result in?

Loss of government revenue Signup and view all the answers

Which factor does not determine the situs of taxation?

Ways of reducing taxes Signup and view all the answers

What distinguishes onward shifting in tax distribution channels?

It involves both forward and backward shifting Signup and view all the answers

What is the primary responsibility during the assessment stage of taxation?

Implementing and administering tax laws Signup and view all the answers

Which stage of taxation involves the passage of tax laws or ordinances through legislation?

Levy Signup and view all the answers

Which aspects of taxation can be delegated?

Assessment and collection Signup and view all the answers

Which of the following is NOT part of the collection stage of taxation?

Granting tax exemptions Signup and view all the answers

What is the primary purpose of the tax collection stage?

To obtain payment of taxes and fund government expenses Signup and view all the answers

Which of the following statements is correct?

Taxes are generally self-assessing, meaning taxpayers compute their own taxes. Signup and view all the answers

Which of the following is NOT a limitation on the State's power of taxation?

International Limitations Signup and view all the answers

Which of the following is NOT a purpose of taxation?

To promote social welfare Signup and view all the answers

Which of the following is NOT a principle of a sound tax system?

Progressivity Signup and view all the answers

What are the stages of taxation?

Imposition, Assessment, and Enforcement Signup and view all the answers

Which of the following is NOT a type of tax system?

Distributive Tax System Signup and view all the answers

Which of the following is NOT a doctrine of taxation?

The Proportionality Doctrine Signup and view all the answers

Which of the following is NOT a tax collection system?

Lump-Sum Tax System Signup and view all the answers

Which of the following is NOT an administrative provision of the tax system?

Allocation of Tax Revenues Signup and view all the answers

Which of the following is NOT a tax collection remedy available to the government?

Confiscation of Assets Signup and view all the answers

Which of the following is NOT a type of tax assessment?

Provisional Assessment Signup and view all the answers

Study Notes

Taxation as a Tool for Nation Building

Taxation should be viewed as a power to build, not to destroy, and is a tool for nation building.

Situs of Taxation

Situs refers to the place of taxation, which has jurisdiction to impose tax.
Factors that determine situs of taxation include:
- Nature, kind, or classification of tax imposed
- Subject matter of tax
- Source of income being taxed
- Place of excise, privilege, business, or occupation being taxed
- Citizenship and residence of taxpayer

Ways of Reducing or Escaping Taxes

Tax evasion: illegal ways to reduce or escape taxes
Tax avoidance: legal ways to reduce or escape taxes
Tax exemption: relief from paying taxes
Shifting: transferring the burden of paying tax from one taxpayer to another
- Forward shifting: shifting tax burden in the normal flow of distribution
- Backward shifting: shifting tax burden in the opposite direction of normal flow
- Onward shifting: any shifting in the distribution channel

Stages of Taxation

Three stages of taxation:
- Levy: passage of tax laws or ordinances through legislation
- Assessment: administration and implementation of tax laws
- Tax payment or collection: contribution of taxpayer's share to pay government expenses
Stages can be divided into two parts: impact (levy and assessment) and incidence (collection)
Assessment and collection can be delegated as they are administrative in nature

Introduction to Taxation

Taxation is a power of government, serving as the "lifeblood" of the government
Not all people are subject to tax, and not all goods are subject to tax
Importance of knowing when taxes are due and how to prepare necessary requirements

General Principles and Concepts of Taxation

Inherent powers of the state
Taxation defined
Comparison between powers of the state
Nature of taxation power
Importance of taxation
Basis of taxation
Purposes of taxation
Objects of taxation
Scope of taxation power
Limitations of taxation power
Inherent limitations
Constitutional limitations
Stages of taxation
Principles of a sound tax system
Doctrines of taxation

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Description

Test your knowledge on the community tax (cedula) and the stages of taxation. Learn about the rules and implications of nonpayment of taxes, as well as how tax collection contributes to the government's funds.