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Questions and Answers
What is the purpose of taxation according to the text?
How does taxation relate to the non-impairment of contracts?
How does taxation benefit the individuals affected?
What distinguishes taxation from police power and eminent domain?
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Which of the following is an intangible property with a SITUS in the Philippines according to the given text?
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What is a factor in determining public purpose according to the text?
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Which of the following is NOT an intangible property with a SITUS in the Philippines based on the given text?
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What are the requirements for taxation to be considered substantive and procedural?
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What is the principle of equal protection of the law based on?
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What is the definition of 'progressivity' in the context of taxation?
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What is the condition for revoking a franchise without violating the non-impairment of contracts?
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