WorksheetsREVIEW SESSION_TAXATION
Total questions: 15
Worksheet time: 8mins
Which of the following statement is/are true?
Statement 1: Tax must violate constitutional and inherent limitations.
Statement 2: Tax must be uniform and equitable.
Statement 3: Tax is generally payable in money only.
I only
I and II
II and III
I, II, and III
This agency is responsible for the prevention and suppression of smuggling and other frauds upon the customs.
Board of Investments
Philippine Economic Zone Authority
Local Government Tax Collecting Unit
Bureau of Customs
A citizen would be considered a non-resident citizen if he/she stays abroad for how many days?
at least 120 days
at least 180 days
at least 183 days
at least 190 days
Those whose fathers or mothers are citizens of the Philippines were considered as Aliens
TRUE
FALSE
Non-Resident Alien is an individual who is residing in the Philippines but is not a citizen.
TRUE
FALSE
Ali Ishmam, a Pakistan national, arrived in the country on October 1, 2019. Mr. Ishmam stayed in the Philippines after marrying a beautiful Filipina. As of December 31, 2019, Mr. Ishmam is considered as ______________ .
Resident Citizen
Non-Resident Citizen
Resident Alien
Non-Resident Alien
Estate refers to the properties, rights, and obligations of a deceased person not extinguished by his death
TRUE
FALSE
NRA-NETB where the aliens who shall come to the Philippines and stay therein for an aggregate period of not more than 180 days during the year.
TRUE
FALSE
Based on the income tax situs rules, the place of taxation of service income is the place where the service is rendered.
TRUE
FALSE
The following are examples of exemption laws, EXCEPT:
Minimum Wage Law
Barangay Micro-Business Enterprise (BMBE) Law
Real Property Tax Law
Taxes that were collected by the government are for private use only.
TRUE
FALSE
Tax Holiday refers to the immunity, privilege or freedom from being subject to a tax which others are subject to.
TRUE
FALSE
A tax of a fixed proportion imposed upon the value of the tax object
Specific Tax
Ad Valorem
Excise Tax
Sumptuary Tax
An OFW is considered as ___________.
Resident Citizen
Non-Resident Citizen
Resident Alien
Non-Resident Alien
National Internal Revenue Code (NIRC), Local Tax Code, and Real Property Tax Code are example of _________.
Tax Laws
Exemption Laws
Government Agencies
SItus of Taxation
