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Questions and Answers
According to the National Internal Revenue Code, what is the declared policy of the State?
According to the National Internal Revenue Code, what is the declared policy of the State?
- To increase taxes on taxpayers
- To promote sustainable economic growth (correct)
- To provide relief to a smaller number of taxpayers
- To decrease economic activity
What is one of the objectives of the National Internal Revenue Code?
What is one of the objectives of the National Internal Revenue Code?
- To reduce economic activity
- To improve levels of disposable income (correct)
- To decrease levels of disposable income
- To increase taxes on taxpayers
What does the National Internal Revenue Code aim to create for businesses?
What does the National Internal Revenue Code aim to create for businesses?
- A competitive disadvantage
- A restrictive environment
- A robust environment (correct)
- A stagnant market
What does the State ensure while creating a robust environment for business?
What does the State ensure while creating a robust environment for business?
What is the National Internal Revenue Code also known as?
What is the National Internal Revenue Code also known as?
Which Act is declared as the policy of the State to promote sustainable economic growth through the rationalization of the Philippine internal revenue tax system?
Which Act is declared as the policy of the State to promote sustainable economic growth through the rationalization of the Philippine internal revenue tax system?
What is the main objective of the National Internal Revenue Code?
What is the main objective of the National Internal Revenue Code?
What is one of the aims of the National Internal Revenue Code?
What is one of the aims of the National Internal Revenue Code?
What is the National Internal Revenue Code also known as?
What is the National Internal Revenue Code also known as?
What does the State aim to create for businesses through the National Internal Revenue Code?
What does the State aim to create for businesses through the National Internal Revenue Code?