5 Questions
What is the main purpose of taxation in the Philippines?
To generate income for the government's expenses
According to the text, what is the nature of taxation?
It is a mandatory levy on citizens and businesses
What is the inherent power of the State related to taxation?
The power to demand contributions for public purposes
Which principle states that taxation should be based on a person's ability to pay?
The Ability-to-Pay Principle
What is the main source of government revenues for financing public services?
Taxation from citizens and businesses
Test your knowledge on the historical development of Philippine taxation, its types, and current issues and reforms. Learn about the nature, purpose, and impact of taxation in the Philippines.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
