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Each local government unit shall exercise its power to create its own sources of revenue and to levy ______, fees, and charges subject to the provisions herein, consistent with the basic policy of local autonomy.
Each local government unit shall exercise its power to create its own sources of revenue and to levy ______, fees, and charges subject to the provisions herein, consistent with the basic policy of local autonomy.
taxes
Such ______, fees, and charges shall accrue exclusively to the local government units.
Such ______, fees, and charges shall accrue exclusively to the local government units.
taxes
The provision herein shall govern the exercise by provinces, cities, municipalities and barangays of their ______ and other revenue-raising powers.
The provision herein shall govern the exercise by provinces, cities, municipalities and barangays of their ______ and other revenue-raising powers.
taxing
______ imposed by LGUs
______ imposed by LGUs
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Remedies for ______ of revenues
Remedies for ______ of revenues
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True or false: The Local Government Code outlines the power of local governments to create sources of revenue?
True or false: The Local Government Code outlines the power of local governments to create sources of revenue?
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True or false: Local government units have the authority to levy taxes, fees, and charges?
True or false: Local government units have the authority to levy taxes, fees, and charges?
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True or false: The revenue generated from taxes, fees, and charges accrue exclusively to the national government?
True or false: The revenue generated from taxes, fees, and charges accrue exclusively to the national government?
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True or false: The exercise of local government taxation is governed by the Local Government Code?
True or false: The exercise of local government taxation is governed by the Local Government Code?
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True or false: The Local Government Code applies to provinces, cities, municipalities, and barangays?
True or false: The Local Government Code applies to provinces, cities, municipalities, and barangays?
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