Podcast
Questions and Answers
What is the primary reason for taxation according to the concept of taxation?
What is the primary reason for taxation according to the concept of taxation?
- To defray the necessary expenses of government (correct)
- To promote general welfare
- To regulate the economy
- To punish non-payers of taxes
Who is exempted from paying taxes in the prehistoric period in the Philippines?
Who is exempted from paying taxes in the prehistoric period in the Philippines?
- Members of the Chieftain family (correct)
- All citizens of the community
- Those who are physically disabled
- Only those who are below 18 years old
What is the scope of taxation?
What is the scope of taxation?
- Covers persons, property, or occupation to be taxed within the taxing jurisdiction (correct)
- Only covers property and occupation
- Only covers persons and occupation
- Only covers persons and property
What is the primary purpose of raising revenue through taxation?
What is the primary purpose of raising revenue through taxation?
Who exercises the power of taxation?
Who exercises the power of taxation?
What is one of the non-revenue purposes of taxation?
What is one of the non-revenue purposes of taxation?
What is the primary purpose of taxation according to the Necessity Theory?
What is the primary purpose of taxation according to the Necessity Theory?
What type of limitation on the power of taxation is based on the principle that the government cannot delegate its power to tax?
What type of limitation on the power of taxation is based on the principle that the government cannot delegate its power to tax?
What is the basis of taxation according to the Life Blood Theory?
What is the basis of taxation according to the Life Blood Theory?
What is the consequence of failure to comply with the civil liability to pay taxes?
What is the consequence of failure to comply with the civil liability to pay taxes?
What is required for a law granting tax exemptions to be passed?
What is required for a law granting tax exemptions to be passed?
What type of tax exemption is granted when a particular person, property, or excise is deemed exempt because it falls outside the scope of the taxing provision?
What type of tax exemption is granted when a particular person, property, or excise is deemed exempt because it falls outside the scope of the taxing provision?
