Income taxation

Which of the following is/are the nature of the power of taxation?

I. It is an inherent attribute of sovereignty.

II. It is legislative in character.

III. It is regarded as comprehensive, unlimited, plenary and supreme.

• I only

• I and II only

• I and III only

A characteristic of taxes which means taxes are assessed with some reasonable rule of apportionment

• due process

• equal protection

• theoretical justice

• uniformity

Under the benefits-protection/reciprocity theory, while taxes are intended for general benefits, special benefits to taxpayers are not required.

• True

• False

Which of the following statements is true on the power of the courts of judicial review in taxation?

I.It is within the province of the courts to inquire into the wisdom or policy of the exaction, the motives behind it, the amount to be raised or the persons, property, or other privileges to be taxed.

II. The court's power in taxation is limited only to the application and interpretation of the law.

III. The principle of judicial non-interference does not extend to the administrative realm.

• II and III only

• I and III only

• II only

• I and II only

In which of the following powers of the state does the taxpayer receive a direct benefit?

• Taxation

• Police Power

• Eminent Domain

Which of the following powers of the state is superior to the non-impairment clause of contracts?

I.Taxation

II.Police power

III.Eminent domain

• I only

• I and II only

• I and III only

• II and III only

Motor vehicle registration fees are now considered revenue or tax measures.

• True

• False

Which of the following statements on construction of tax laws is false?

• A statute will not be construed as imposing a tax unless it does so clearly, expressly and unambiguously.

• In case of doubt, it is construed most strongly against the Government, and liberally in favor of the taxpayer.

• Tax laws are special laws and prevail over a general law.

• The retroactive application of tax laws is not permitted.

I.Tax laws are political in character.

II. Tax laws are civil in nature.

III. Tax laws are not penal in character.

Which of the above statements is/are true?

• I and II only

• II and III only

• I and III only

• II only

Which of the following statements is/are true?

I. Taxes are personal to the taxpayer.

II.Stockholders may be held liable for unpaid taxes of a dissolved corporation.

III. A corporation's tax delinquency cannot be enforced against its stockholders.

• I only

• I and II only

• I and III only

• I, II, and III