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Questions and Answers
What is the principle behind the Ability to Pay Theory in taxation?
What is the principle behind the Ability to Pay Theory in taxation?
- The government's power to impose taxes without restrictions
- The government's ability to collect taxes efficiently
- The taxpayer's ability to pay taxes based on their income level (correct)
- The fairness of taxation based on the benefits received
What type of equity is concerned with fairness among individuals with different income levels?
What type of equity is concerned with fairness among individuals with different income levels?
- Benefit Received Theory
- Ability to Pay Theory
- Vertical Equity (correct)
- Horizontal Equity
What type of tax is imposed on the transfer of properties by a living donor?
What type of tax is imposed on the transfer of properties by a living donor?
- Income Tax
- Estate Tax
- Value Added Tax
- Donor's Tax (correct)
Which type of tax is a consumption tax collected by VAT-registered businesses?
Which type of tax is a consumption tax collected by VAT-registered businesses?
What is the principle behind the Horizontal Equity concept?
What is the principle behind the Horizontal Equity concept?
Which type of tax is imposed on annual income, gains, or profits?
Which type of tax is imposed on annual income, gains, or profits?
What is the primary purpose of taxation?
What is the primary purpose of taxation?
Which theory of taxation presupposes that the more benefits you receive from the government, the more taxes you should pay?
Which theory of taxation presupposes that the more benefits you receive from the government, the more taxes you should pay?
What is the basis of taxation established on?
What is the basis of taxation established on?
Which of the following is NOT a secondary purpose of taxation?
Which of the following is NOT a secondary purpose of taxation?
Which theory of taxation presupposes that taxpayer should be taxed based on their relative capacity to pay?
Which theory of taxation presupposes that taxpayer should be taxed based on their relative capacity to pay?
What is the main idea behind the principle of reciprocal duties?
What is the main idea behind the principle of reciprocal duties?
What is the primary purpose of taxation as a state power?
What is the primary purpose of taxation as a state power?
Which theory of taxation suggests that individuals should be taxed based on the benefits they receive from the government?
Which theory of taxation suggests that individuals should be taxed based on the benefits they receive from the government?
What is the principle of vertical equity in taxation?
What is the principle of vertical equity in taxation?
What is the principle of horizontal equity in taxation?
What is the principle of horizontal equity in taxation?
Which theory of taxation suggests that individuals should be taxed based on their ability to pay?
Which theory of taxation suggests that individuals should be taxed based on their ability to pay?
What is the primary purpose of taxation as a mode of cost distribution?
What is the primary purpose of taxation as a mode of cost distribution?
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