Podcast
Questions and Answers
Which of the following is true about taxation in LGUs?
Which of the following is true about taxation in LGUs?
- It should be discriminatory
- It should only benefit the LGU's officials
- It should only benefit the national government
- It should be uniform and equitable (correct)
Who has the power to create their own sources of revenue and levy taxes, fees, and charges?
Who has the power to create their own sources of revenue and levy taxes, fees, and charges?
- Private individuals
- The national government
- LGUs (correct)
- The judiciary
What are the types of LGUs mentioned in the text?
What are the types of LGUs mentioned in the text?
- Cities and municipalities only
- Cities, provinces, municipalities, and barangays (correct)
- Provinces and municipalities only
- Provinces and cities only
How can LGUs raise revenue?
How can LGUs raise revenue?
What are the taxing powers of provinces?
What are the taxing powers of provinces?
What are the taxing powers of municipalities?
What are the taxing powers of municipalities?
Can LGUs let the collection of taxes be done by private persons?
Can LGUs let the collection of taxes be done by private persons?
Who should benefit from the revenue collected by LGUs?
Who should benefit from the revenue collected by LGUs?
What kind of taxation system should LGUs evolve?
What kind of taxation system should LGUs evolve?
Can LGUs tax property or persons outside their territory?
Can LGUs tax property or persons outside their territory?
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Study Notes
- Taxation in LGUs should be uniform and equitable.
- LGUs have the power to create their own sources of revenue and levy taxes, fees, and charges.
- LGUs include cities, provinces, municipalities, and barangays.
- LGUs can raise revenue through service fees, public utility charges, and toll fees.
- Provinces have taxing powers on real property ownership, printing and publication, and quarry resources.
- Municipalities have taxing powers on businesses, permits/licenses, and fishery rentals.
- LGUs cannot let the collection of taxes to private persons.
- Revenue collected by LGUs should solely benefit the levying LGU.
- LGUs should evolve a progressive system of taxation.
- LGUs cannot tax property or persons outside their territory.
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