It is a power by which an Independent State, through its law-making body, raises and accumulates revenue from its inhabitants to pay the necessary expenses of the government.

It is a power of the Sovereign State to legislate for the protection of the health, welfare and morals of the community.

It is a power of the Sovereign State to take private property for a public purpose in exchange of just compensation to the private owner.

Taxation can exist independently with the Constitution although the condition for their exercise may be prescribed or limited by the Constitution.

Which among the inherent powers of the state is the most superior?

Which among the inherent powers of the state is the most important?

Which among the inherent powers of the state requires just compensation?

It refers to the legislative act of laying a tax to raise income for the government to defray its necessary expenses.

The primary purpose of taxation?

The following are the nature of the power of taxation, which is not?

Which is not a characteristic of the power of taxation?

What theory states that: “Taxes are indispensable to the existence of the state. Without taxation the state cannot raise revenue to support is operations.”

What branch of the government is responsible for making of taxation laws?

Tax collection is the responsibility of what branch of the government?

What branch of the government can exercise the power to tax?

Can the power to tax be exercised even without it being stated in the constitution?

This means that the state can tax on anything, anytime, anywhere, and at any amount, but subject to constitutional and inherent limitations. It includes the power to destroy.

It states that the existence of government is a necessity; that it cannot continue without means to pay its expenses; and that for these means, it has a right to compel all its citizens and property within its limits to contribute.

It is found in the reciprocal duties of protection and support between the State and its inhabitants. In return for his contribution, the taxpayer received benefits and protection from the government.

Which among the following is an object of taxation?

The following are the phases of taxation, except one.

It is also called “Impact of Taxation”.

Which is not an incidence of taxation?

Which is not an aspect of taxation?

The following are the elements of the tax system of the Philippines, except one:

The power of taxation is subject to two types of limitations. What are they?

These are those limitations provided for in the Constitution or implied from its provisions.

The following are constitutional limitations to the power of taxation, except one:

The following are inherent limitations to the power of taxation, except one:

The following are the principles of sound tax system, except one:

This principle of sound tax system talks about sufficiency. It requires that the sources of government revenue should be capable of raising the amount that should be sufficient to meet the demand of public expenditures regardless of business condition.

This principle of sound tax system requires that the tax burden must be proportionate to the taxpayer’s ability to pay.

This principle of sound tax system requires that the tax law making body should conveniently implement a just and an effective tax administration that would not make it unfair for taxpayers in paying their taxes.

It is a principal approach in the distribution of tax burden which states that tax payment should be based on benefits received.

It is a principal approach in the distribution of tax burden which states that tax payments should be based relative to the ability of taxpayers to pay.

A type of forms of escape from taxation which involves the process of transferring the tax burden from the statutory taxpayer to another without violating the law.

A type of forms of escape from taxation wherein the seller is willing to lower the price of the commodity provided the taxes will be shouldered by the buyers.

A type of forms of escape from taxation wherein the manufacturer absorbs the additional taxes imposed by the government without passing it to the buyers for fear of lost of his market.

A type of forms of escape from taxation resorting to acts and devices that illegally reduces or totally escape the payment of taxes that are due to the taxpayer. They are prohibited and are therefore subject to penalties. (Ex: Willful understatement of the income or the overstatement of deductions from what is lawfully authorized or permitted.)

A type of forms of escape from taxation that leads to the reduction or totally escaping payment of taxes through legally permissible means, that are not prohibited and therefore are not subject to penalties. (Ex: Tax Shifting, Transformation, and Other exercise of legal options, which reduce the tax burden.)

A type of forms of escape from taxation that is equivalent to an immunity, privilege or freedom from payment of a charge or burden to which others are obliged to pay.

Also known as “tax dodging”. An illegal means to escape the burden of taxation.

Also known as “tax minimization” scheme. The legal means of escaping the burden of taxation.

This is a kind of exemption that is granted by the constitution, statute, treaties, ordinance, contracts or franchise.

Tax exemption is not automatic and non-transferable. The burden of exemption lies to the:

________ are taxes levied by the local government units that are applied and enforced only within the territorial boundaries of the imposing local government unit. (Examples: Local Business Taxes and Real Property Tax)

_________ are taxes that are levied by the congress and that find application all throughout the Philippines. (Examples: Internal Revenue Taxes)

_________is a tax paid directly to the government by the persons on whom it is imposed. It is one imposed upon an individual person (juristic or natural) or property (i.e. real and personal property, rental profits, livestock, crops,wages, etc.) as distinct from a tax imposed upon a transaction

It is a tax collected by one entity in the supply chain (usually a producer or retailer) and paid to the government, but it is passed on to the consumer as part of the purchase price of a good or service. The consumer is ultimately paying the tax by paying more for the product.

It is a tax based on the quantity (measurement) of an item regardless of price.

It is the means by which a government adjusts its tax rates to monitor and influence a nation's economy.

It is a type of tax rate which is flat and fixed. It is imposed so that the tax rate is fixed, with no change as the taxable base amount increases or decreases.

It is a tax rate that takes a larger percentage from high-income earners than it does from low-income individuals. It imposes a lower tax rate on low-income earners compared to those with a higher income, making it based on the taxpayer's ability to pay.

"Regressive" describes a distribution effect on income or expenditure, referring to the way the rate progresses from high to low, so that the average tax rate exceeds the marginal tax rate.

This is a tax rate that decreases as the amount subject to taxation increases

It refers to the place of taxation, or to the State or political unit which has jurisdiction to impose tax.

It is taxing the object or subject within the territorial jurisdiction twice, for the same period, involving the same kind of tax by the same taxing authority.

It is a double taxation in its strict sense. It consists imposition of the same tax on the same property for the same purpose by the same State during the same taxable period. It is prohibited because it violates the constitutional provision of uniformity and equal protection, as well as the principle that tax must not be excessive, unreasonable and equitable.

This is double taxation in its broad sense. It extends to all cases in which there is a burden of two or more pecuniary impositions. There is no constitutional violation. (Ex: taxing the same property by two different taxing authority)

Congress is responsible for making enabling tax laws to make sure the spirit of the constitution is upheld in the country and, at times, amend or change the constitution itself. The Congress is composed of: Senate and House of Representatives. Where does a tax bill originates?

The veto power is the executive’s power to refuse to sign into law a bill that has been passed by a legislature. There are two types of veto power: Item Veto and Pocket Veto. The kind of veto is focused on the items in appropriation bills without affecting any other provisions of such bills.

This type of veto is where in which the power to disapprove legislative act by the president with the result that a bill shall fail to become a law.

What is the voting requirement in order for a tax exemption law to be granted?

It is a general pardon or intentional overlooking by the state of its authority to impose penalties on persons otherwise guilty of tax evasion or violation of tax laws. The purpose is to give the erring taxpayer a chance to reform and become part of the society with a clean slate.

It means to remit or to desist or refrain form exacting or imposing a tax. It cannot extend to refund of taxes already paid.