Podcast
Questions and Answers
Which statement is not correct regarding the power of taxation?
Which statement is not correct regarding the power of taxation?
- Taxation power is a discretion of the State and can be exercised without any limitation (correct)
- The State can tax anything at any time and at any amount
- Taxes may be imposed not only to raise revenue but also to provide incentives and regulate certain activities
- The power of taxation is limited by the Constitution
What is the scope of taxation power?
What is the scope of taxation power?
- Plenary
- Unlimited
- Absolute (correct)
- Comprehensive
Which statement is true about the power of taxation and police power?
Which statement is true about the power of taxation and police power?
- Both powers have the same scope and limitations
- The power of taxation is not related to police power
- The power of taxation is broader than police power (correct)
- Police power is broader than taxation power
Which inherent power is dependent on and provided for in the Philippine Constitution?
Which inherent power is dependent on and provided for in the Philippine Constitution?
Which branch of the government exercises the power of taxation?
Which branch of the government exercises the power of taxation?
What is the limitation of the power of taxation?
What is the limitation of the power of taxation?
What is the primary purpose of taxation?
What is the primary purpose of taxation?
Which of the following is NOT a general consideration of the government in distributing the cost or burden of taxation?
Which of the following is NOT a general consideration of the government in distributing the cost or burden of taxation?
What is the basis of taxation?
What is the basis of taxation?
What is a manifestation of taxation being an inherent power of the government?
What is a manifestation of taxation being an inherent power of the government?
Which statement is true about a sovereign state's power of taxation?
Which statement is true about a sovereign state's power of taxation?
What is the relationship between the provisions in the Constitution on the power of taxation and the power of taxation itself?
What is the relationship between the provisions in the Constitution on the power of taxation and the power of taxation itself?
What is the tax status of the income of an educational institution operated by a religious order?
What is the tax status of the income of an educational institution operated by a religious order?
Which power of the government is shared by the legislative and executive departments?
Which power of the government is shared by the legislative and executive departments?
What is the inherent limitation of the power of taxation?
What is the inherent limitation of the power of taxation?
What is the condition for the State to validly exercise its power of taxation?
What is the condition for the State to validly exercise its power of taxation?
Who has the power to levy tax?
Who has the power to levy tax?
Which of the following is a correct statement about the power of taxation?
Which of the following is a correct statement about the power of taxation?
What is the correct statement about the taxation of land where embassies of foreign governments are located?
What is the correct statement about the taxation of land where embassies of foreign governments are located?
What is the principle of taxation that requires tax to operate with the same force and effect in every place?
What is the principle of taxation that requires tax to operate with the same force and effect in every place?
Which limitation of the power of taxation is exemplified where those with different incomes are made to pay different rates of tax?
Which limitation of the power of taxation is exemplified where those with different incomes are made to pay different rates of tax?
What is the theory that explains the exemption of educational institutions from taxation?
What is the theory that explains the exemption of educational institutions from taxation?
What is the principle of taxation that means individuals should be asked to pay taxes according to their ability to pay?
What is the principle of taxation that means individuals should be asked to pay taxes according to their ability to pay?
What can be delegated outside the legislative branch?
What can be delegated outside the legislative branch?
How much dividend is subject to income tax?
How much dividend is subject to income tax?
What is the treatment on the sale of goods and/or services by a VAT-registered seller to registered export enterprises enjoying fiscal incentives under the CREATE Act?
What is the treatment on the sale of goods and/or services by a VAT-registered seller to registered export enterprises enjoying fiscal incentives under the CREATE Act?
What is the treatment on the sales by registered non-export enterprises or Domestic Market Enterprises located in Ecozones and Freeport Zones to registered export enterprises and non-RBEs?
What is the treatment on the sales by registered non-export enterprises or Domestic Market Enterprises located in Ecozones and Freeport Zones to registered export enterprises and non-RBEs?
What is the treatment on the sale made by registered export enterprise enjoying Income Tax Holiday to another registered export enterprise?
What is the treatment on the sale made by registered export enterprise enjoying Income Tax Holiday to another registered export enterprise?
What is the status of the sale of goods and/or services by a VAT-registered seller to registered export enterprises under the CREATE Act?
What is the status of the sale of goods and/or services by a VAT-registered seller to registered export enterprises under the CREATE Act?
What is the tax treatment on the sales by registered non-export enterprises or Domestic Market Enterprises located in Ecozones and Freeport Zones to registered export enterprises and non-RBEs?
What is the tax treatment on the sales by registered non-export enterprises or Domestic Market Enterprises located in Ecozones and Freeport Zones to registered export enterprises and non-RBEs?
