Taxation Types Quiz
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Questions and Answers

What kind of taxes are paid by oil companies to BIR upon removal of petroleum products from its refinery?

  • Excise tax (correct)
  • Value-added tax
  • Percentage tax
  • Income tax

Which type of exemption originates from the constitution?

  • Constitutional (correct)
  • Statutory
  • Implied
  • Express

In what form are exemptions expressly granted by statute known as?

  • Total
  • Constitutional
  • Statutory (correct)
  • Partial

What principle governs tax exemptions stating that they are highly disfavored?

<p>Strict construction rule (A)</p> Signup and view all the answers

What is required for someone claiming a tax exemption to justify their claim?

<p>Clearest grant of law (B)</p> Signup and view all the answers

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