Taxation Powers of Local Government Units (LGUs) Quiz
10 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

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?

  • Private individuals
  • The national government
  • LGUs (correct)
  • The judiciary

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?

<p>Through service fees, public utility charges, and toll fees (D)</p> Signup and view all the answers

What are the taxing powers of provinces?

<p>Real property ownership, printing and publication, and quarry resources (B)</p> Signup and view all the answers

What are the taxing powers of municipalities?

<p>Businesses, permits/licenses, and fishery rentals (B)</p> Signup and view all the answers

Can LGUs let the collection of taxes be done by private persons?

<p>No, they cannot (D)</p> Signup and view all the answers

Who should benefit from the revenue collected by LGUs?

<p>The LGU levying the tax and its constituents (A)</p> Signup and view all the answers

What kind of taxation system should LGUs evolve?

<p>A progressive system (C)</p> Signup and view all the answers

Can LGUs tax property or persons outside their territory?

<p>No, they cannot (A)</p> Signup and view all the answers

Study Notes

  1. Taxation in LGUs should be uniform and equitable.
  2. LGUs have the power to create their own sources of revenue and levy taxes, fees, and charges.
  3. LGUs include cities, provinces, municipalities, and barangays.
  4. LGUs can raise revenue through service fees, public utility charges, and toll fees.
  5. Provinces have taxing powers on real property ownership, printing and publication, and quarry resources.
  6. Municipalities have taxing powers on businesses, permits/licenses, and fishery rentals.
  7. LGUs cannot let the collection of taxes to private persons.
  8. Revenue collected by LGUs should solely benefit the levying LGU.
  9. LGUs should evolve a progressive system of taxation.
  10. LGUs cannot tax property or persons outside their territory.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Quiz Team

Description

Test your knowledge on the taxation powers of Local Government Units (LGUs) in this informative quiz. From the types of taxes they can levy to the sources of revenue they can create, this quiz covers everything you need to know about LGU taxation. Learn about the different types of LGUs and their specific tax powers, as well as the restrictions and limitations that come with their taxing authority. Whether you're a student or a taxpayer, this quiz is a must-try to understand the intricacies of

More Like This

Use Quizgecko on...
Browser
Browser