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</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</p> Signup and view all the answers

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