Taxation Principles and Characteristics Quiz
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Questions and Answers

What is the underlying theory and basis of taxation according to the text?

  • Symbiotic relationship between the state and its inhabitants (correct)
  • Equality in tax imposition
  • Fiscal adequacy of the tax system
  • Administrative feasibility of tax laws

    • Which characteristic is NOT associated with taxes based on the text?

  • Payable in money
  • Enforced contribution
  • Voluntary contribution (correct)
  • Levied for public purpose

    • What aspect of taxation is essentially an administrative function?

  • Collection of the tax levied (correct)
  • Levying or imposition of tax
  • Sources of legislative power of taxation
  • Purpose of the tax

    • What should a sound tax system primarily ensure?

    <p>Revenue sources meeting public expenditure demands</p> Signup and view all the answers

    What does the text describe as an essential aspect of the power of taxation?

    <p>Subject to all inherent limitations</p> Signup and view all the answers

    Which principle of a sound tax system emphasizes that taxes should be proportionate to the taxpayer's ability to pay?

    <p>Equality/theoretical justice</p> Signup and view all the answers

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