WorksheetsQ 1 - Income taxation
Total questions: 15
Worksheet time: 20mins
Police power regulates both liberty and property.
True
False
Taxes are raised to cover the cost of governance.
True
False
Tax is generally unlimited because it is based
on the needs of the State.
True
False
The amount imposed on the exercise of police power depends on whether the active is useful or not.
True
False
In the exercise of the power of taxation,
the state can tax anything at any time.
True
False
The least source of tax laws:
Statues
Presidential Decree
Revenue Regulations
Tax treaties or conventions
Which of the following distinguishes
tax from license fee?
Non-payment does not necessarily render the business illegal
A regulatory measure
Imposed in the exercise of police power
Limited to cover cost of regulation
Incidence of taxation means
Shifting of tax
Refunds of tax
Payment of tax
Imposition of tax
The actual effort exerted by the government to
effect the exaction of what is
due from the taxpayer is known as
Assessment
Levy
Payment
Collection
Which theory in taxation states that without taxes,
a government would be paralyzed for
lack of power to activate and operate it resulting in its destruction?
Power to destroy theory
Lifeblood theory
Sumptuary theory
Symbiotic doctrine
What are the inherent powers of the State?
(a)
Theory and Basis of Taxation
(a)
Kinds of taxation as to object.
(a)
Kinds of taxation as to amount.
(a)
Give at least 4 similarities of Taxation, Police Power and Eminent Domain
(a)
