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Questions and Answers
Which term is used interchangeably with custom duties under the Tariff and Customs Code?
Which term is used interchangeably with custom duties under the Tariff and Customs Code?
- Tax liabilities
- Export duties
- Tariff duties (correct)
- Import fees
Which of the following is NOT a characteristic of direct double taxation?
Which of the following is NOT a characteristic of direct double taxation?
- Taxing twice by the same taxing authority
- Taxing in the same year or taxing period
- Taxing for different purposes (correct)
- Taxing the same subject or object
Which concept involves the transfer of the tax burden from the original taxpayer to someone else?
Which concept involves the transfer of the tax burden from the original taxpayer to someone else?
- Tax exemption
- Tax avoidance
- Tax shifting (correct)
- Tax evasion
What is meant by the term 'escape from taxation'?
What is meant by the term 'escape from taxation'?
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Which type of taxation principle is considered oppressive and violates the concept of equal protection in taxation?
Which type of taxation principle is considered oppressive and violates the concept of equal protection in taxation?
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What is the main characteristic of indirect double taxation?
What is the main characteristic of indirect double taxation?
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'Escape from taxation' aims to:
'Escape from taxation' aims to:
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'Shifting' in taxation refers to:
'Shifting' in taxation refers to:
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'Direct double taxation' involves taxing twice by the same taxing authority for:
'Direct double taxation' involves taxing twice by the same taxing authority for:
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Which principle of taxation involves escaping or minimizing the burden of taxation?
Which principle of taxation involves escaping or minimizing the burden of taxation?
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