Podcast
Questions and Answers
What is a requirement for a person to be eligible to become President of the Philippines?
What is a requirement for a person to be eligible to become President of the Philippines?
Which branch of government has the power to impose the death penalty?
Which branch of government has the power to impose the death penalty?
At what age does the mandatory retirement for officials removable by impeachment occur?
At what age does the mandatory retirement for officials removable by impeachment occur?
What are members of the Supreme Court subject to concerning their tenure?
What are members of the Supreme Court subject to concerning their tenure?
Signup and view all the answers
Which power does the Legislative Branch NOT have?
Which power does the Legislative Branch NOT have?
Signup and view all the answers
What is the primary purpose of impeachment?
What is the primary purpose of impeachment?
Signup and view all the answers
Which of the following is NOT a ground for impeachment?
Which of the following is NOT a ground for impeachment?
Signup and view all the answers
What is the minimum age requirement for a senator in the Philippines?
What is the minimum age requirement for a senator in the Philippines?
Signup and view all the answers
Which principle ensures that different branches of government can check each other's powers?
Which principle ensures that different branches of government can check each other's powers?
Signup and view all the answers
What qualification must a member of the House of Representatives in the Philippines meet regarding residency?
What qualification must a member of the House of Representatives in the Philippines meet regarding residency?
Signup and view all the answers
Which branch of government has the power to interpret laws?
Which branch of government has the power to interpret laws?
Signup and view all the answers
Which of the following is a qualification for senators in the Philippines?
Which of the following is a qualification for senators in the Philippines?
Signup and view all the answers
What is the maximum authority given to local government units in the Philippines?
What is the maximum authority given to local government units in the Philippines?
Signup and view all the answers
What is defined as the intentional and illegal breach of the Constitution?
What is defined as the intentional and illegal breach of the Constitution?
Signup and view all the answers
Which role of government focuses on supporting the investment rate in both public and private sectors?
Which role of government focuses on supporting the investment rate in both public and private sectors?
Signup and view all the answers
What is the relationship between fiscal activities and economic stability?
What is the relationship between fiscal activities and economic stability?
Signup and view all the answers
What aspect is primarily affected by the power of the deliberative assembly?
What aspect is primarily affected by the power of the deliberative assembly?
Signup and view all the answers
What term describes the maximum viable capital formation rate in a country?
What term describes the maximum viable capital formation rate in a country?
Signup and view all the answers
Which of the following is an example of indirect bribery?
Which of the following is an example of indirect bribery?
Signup and view all the answers
Which statement best describes capital formation's role in economic growth?
Which statement best describes capital formation's role in economic growth?
Signup and view all the answers
What is the primary purpose of fair allocation of income and wealth?
What is the primary purpose of fair allocation of income and wealth?
Signup and view all the answers
Which tax is newly implemented at 5% of gross receipts for cosmetic procedures?
Which tax is newly implemented at 5% of gross receipts for cosmetic procedures?
Signup and view all the answers
What is the effective increase of the tobacco excise tax in 2020?
What is the effective increase of the tobacco excise tax in 2020?
Signup and view all the answers
Which act refers to the initial package of the Comprehensive Tax Reform Program in the Philippines?
Which act refers to the initial package of the Comprehensive Tax Reform Program in the Philippines?
Signup and view all the answers
Which type of tax is specifically exempted from VAT for senior citizens and persons with disabilities?
Which type of tax is specifically exempted from VAT for senior citizens and persons with disabilities?
Signup and view all the answers
What change was made to the mining excise tax under the new tax reform?
What change was made to the mining excise tax under the new tax reform?
Signup and view all the answers
In which year did the first increase of the tobacco excise tax occur after the implementation of the TRAIN Act?
In which year did the first increase of the tobacco excise tax occur after the implementation of the TRAIN Act?
Signup and view all the answers
Which of the following taxes is NOT included in the national taxes of the Philippines?
Which of the following taxes is NOT included in the national taxes of the Philippines?
Signup and view all the answers
How many packages are there in the Comprehensive Tax Reform Program as per the TRAIN Act?
How many packages are there in the Comprehensive Tax Reform Program as per the TRAIN Act?
Signup and view all the answers
What is the target corporate income tax rate reduction proposed in Package 2 of the Comprehensive Tax Reform Program?
What is the target corporate income tax rate reduction proposed in Package 2 of the Comprehensive Tax Reform Program?
Signup and view all the answers
What does Package 3 of the Comprehensive Tax Reform Program aim to improve?
What does Package 3 of the Comprehensive Tax Reform Program aim to improve?
Signup and view all the answers
Which of the following was included in Package 2+ of the Comprehensive Tax Reform Program?
Which of the following was included in Package 2+ of the Comprehensive Tax Reform Program?
Signup and view all the answers
When did the House of Representatives approve Package 2 of the Comprehensive Tax Reform Program on its final reading?
When did the House of Representatives approve Package 2 of the Comprehensive Tax Reform Program on its final reading?
Signup and view all the answers
What key feature is highlighted in Package 3 regarding property-related taxes?
What key feature is highlighted in Package 3 regarding property-related taxes?
Signup and view all the answers
Study Notes
The Power of the Government
- The government has significant power over the economy through fiscal policy, which includes programs and taxes.
- This power affects the distribution of funds, influencing the job market and different segments of society.
- Fiscal policy aims to promote economic progress and growth, reallocating resources effectively.
- It also plays a crucial role in maintaining economic stability, mitigating short-term international economic fluctuations.
- The government encourages investment by supporting both public and private sectors.
Major Roles of the Government
- The government plays a crucial role in protecting private property and ensuring national security.
- The government is responsible for maintaining law and order, providing essential public services like education, healthcare, and infrastructure, and promoting social welfare.
Legislative Branch
- Enacts laws, determines presidential succession in case of a tie, imposes the death penalty, acts as a constituent assembly, declares war, and has the power to impeach.
Qualifications of Officials in the Legislative Branch
- Senators: A natural-born citizen of the Philippines, at least 35 years old on the day of the election, able to read and write, a registered voter, and a resident of the Philippines for not less than 2 years.
- House of Representatives: A natural-born citizen of the Philippines, at least 25 years old on the day of the election, able to read and write, a registered voter, and a resident of the Philippines for not less than 1 year.
Judicial Branch
- Interprets laws, conducts judicial reviews, and has adjudicatory powers.
Qualifications of the Members in the Supreme Court
- Natural-born citizen of the Philippines, at least 40 years old, a lawyer with at least 15 years of practice, a person of proven competence, integrity, probity, and independence.
Officials Removable by Impeachment
- The President and the Vice President
- The Members of the Supreme Court
- The Members of the Constitutional Commission
- The Ombudsman
Grounds for Impeachment
- Culpable violation of the Constitution
- Treason
- Bribery
- Graft and corruption
- Betrayal of public trust
- Other high crimes
The Principle of Separation of Powers
- The Constitution establishes three co-equal branches of government (legislative, executive, and judicial) and ensures that the powers entrusted to each branch are not violated by the others.
The Principle of Checks and Balances
- The Constitution establishes the three co-equal branches of government in balanced positions. Each branch has specific powers to check another to maintain balance or restore balance if it is disrupted.
Local Government Units
- The Philippines has three levels of local government: (1) provinces and independent cities, (2) component cities, (3) municipalities, and barangays.
National Taxes
- Income Tax
- Donor's Tax
- Estate Tax
- Excise Tax
- Percentage Tax
- Value-Added Tax (VAT)
- Documentary Stamp Tax
The Tax Reform for Acceleration and Inclusion (TRAIN) Act
- The initial package of the Comprehensive Tax Reform Program (CTRP), signed into law on December 19, 2017, by President Rodrigo Duterte.
- Includes changes in personal income tax (PIT), donor's tax, estate tax, value-added tax (VAT), documentary stamp tax (DST), and excise taxes on tobacco products, petroleum products, mineral products, automobiles, sweetened beverages, and cosmetic procedures.
- The TRAIN Act is the first of four packages of tax reforms to the National Internal Revenue Code of 1997.
Package 2 of the Comprehensive Tax Reform Program (CTRP)
- Aims to progressively reduce the corporate income tax (CIT) rate from 30% to 20%, reorient fiscal incentives towards strategic growth, and make incentives available to investors who contribute positively to society.
Package 3 of the Comprehensive Tax Reform Program (CTRP)
- Intends to improve the real property valuation system. This will broaden the tax base for national and local levels of governments, without increasing existing tax rates or creating new taxes.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Related Documents
Description
Test your knowledge about the Philippine government's structure and regulations. This quiz covers eligibility criteria for the presidency, retirement ages for officials, and the powers of different government branches. Challenge yourself to understand the intricacies of government in the Philippines.