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Taxation on LGU

Total questions: 11

Worksheet time: 8mins

Name
Class
Date
1.

Which of the following taxes are not LGU taxes

a)

BIR annual registration

b)

Community tax

c)

Franchise tax

d)

Amusemeent tax

2.

Collection of all local taxes is the duty of

a)

Barangay captain

b)

Municipal treasurer

c)

Sanggunian

d)

Bureau of Internal revenue

3.

A community tax certificate may be issued to any person not subject to the community tax if he paus one peso (P1.00).

a)

FALSE

b)

TRUE

c)

MAYBE

4.

Who is not liable to pay for community tax

a)

individual who is 18 years old

b)

one who is employed for at least 30 days

c)

one who owns real property worth more than P1,000

d)

one who is liable to file income tax returns

5.

The following should not be collected toll fees, except

a)

Officers of Armed Forces of the Phils.

b)

members of the Phil National Police

c)

post office personnel

d)

disabled citizens who are 60 years or older

6.

The community tax shall accrue on

a)

first (1st) day of January of each year

b)

first (1st) day of the month of each year

c)

first (1st) day of the quarter after implementation

d)

none of the above

7.

No city or municipality may issue any license or permit for any business or activity unless a clearance is

a)

paid to the barangay deputy

b)

first obtained from the Barangay where such business or activity is located or conducted.

c)

issued by the municipality concerned

d)

none of the above

8.

Sales allocation applied to manufacturers, assemblers, contractors, producers, and exporters with factories, project offices, plants, and plantations in the pursuit of their business (Choose all that apply)

a)

30% allocated to the location of the principal office

b)

70% allocated to the location of the plantation

c)

100% goes to the municipality where the factory is located

d)

60% goes to the barangay where the principal office is located

9.

Surcharges and interest rates

a)

25% surcharge and 2% interest rate per month

b)

25% interest per month and 2% surcharge

c)

25% surcharge and 2% interest rate per annum based on unpaid taxes, fees or charges including surcharges,

d)

none of the above

10.

Compute for the community tax to be paid:

ABC Corporation files for community tax for the year 2022. In 2021, the corporation reported 1.3M of real property and 6M of gross receipts.

a)

P2,920

b)

P3,420

c)

P1,460

d)

P1,960

11.

Compute the total penalties:

ABC Corporation failed to pay for the local tax due on September 30, 2021 amounting to P55,000. It was assessed on December 31, 2021 for unpaid taxes plus surcharges and interest.

a)

P58,300

b)

P72,875

c)

P55,000

d)

P4,125