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TAX TEST BANK COMPLETE QUESTIONS AND CORRECT ANSWERS

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TAX TEST BANK COMPLETE QUESTIONS AND CORRECT ANSWERS TAX TEST BANK COMPLETE QUESTIONS AND CORRECT ANSWERS

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Taxation as distinguished from police D
power and power of eminent domain.


A. Property is taken to promote the general
welfare.
B. Maybe exercised only by the
government.
C. Operates upon the whole citizenry.
D. There is generally no limit as to the
amount that may be imposed

The following are constitutional limitations, D
except


A. No imprisonment for non-payment of
poll tax.
B. Non-impairment of the obligation of
contracts.
C. Rule of uniformity and equity in taxation.
D. Exemption from income tax of charitable
institutions, cemeteries, churches,
personage or convents appurtenant
thereto, as well as all lands, buildings and
improvements actually, directly and
exclusively used for religious, charitable
and
educational purposes.

,Which of the following statements is C
correct?


A. The President is authorized to increase
or decrease national internal revenue tax
rates.
B. One of the nature of taxation is the
reciprocal duties of protection and support
between
the state and subjects thereof.
C. Every sovereign government has the
inherent power to tax.
D. Income tax in an indirect tax

A tax must be imposed for public purpose. D
Which of the following is not a public
purpose?


A. National defense
B. Public education
C. Improvement of the sugar and coconut
industries.
D. Improvement of a subdivision road

Which is not an essential characteristic of a A
tax?


A. It is unlimited as to amount.
B. It is payable in money.
C. It is proportionate in character.
D. It is an enforced contribution

Special assessment is an enforced B
proportional contribution from owners of
land especially benefited by public
improvement. Which one of the following is
not considered as one of its
characteristics?


A. It is levied on land.
B. It is based on the government's need of
money to support its legitimate objectives.
C. It is not a personal liability of the
persons assessed.
D. It is based solely on the benefit derived
by the owners of the land.

It is the privilege of not being imposed a B
financial obligation to which others are
subject.


A. Tax incentive
B. Tax exemption
C. Tax amnesty
D. Tax credit

, As to scope of the legislative power to tax, D
which is not correct?


A. Where there are no constitutional
restrictions, and provided the subjects are
within the territorial jurisdiction of the state,
Congress has unlimited discretion as to the
persons, property or occupations to be
taxed.
B. In the absence of any constitutional
prohibition, Congress has the right to levy a
tax of any amount it sees fit.
C. The discretion of Congress in imposing
taxes extends to the mode, method or kind
of tax, unless restricted by the constitution.
D. The sole arbiter of the purpose or which
taxes shall be levied is Congress, provided
the purpose is public and the courts may
not review the levy of the tax to determine
whether or not the purpose is public

Which of the following is a nature of A
taxation?
A. The power is granted by legislative
action.
B. It is essentially an administrative function.
C. It is generally payable in money.
D. Without it the state can continue to exist.

Which of the following is not a determinant D
of the place of taxation?


A. Source of the income
B. Citizenship of the taxpayer
C. Residence of the taxpayer
D. Amount of tax to be imposed

Which of the following statements is not C
correct?


A. An inherent limitation of taxation may be
disregarded by the application of a
constitutional limitation.
B. The property of an educational
institution operated by a religious order is
exempt from
property tax, but its income is subject to
income tax.
C. The prohibition of delegation by the
state of the power of taxation will still allow
the
BIR to modify the rules in time for filing of
returns and payment of taxes.
D. The power of taxation is shared by the
legislative and executive departments of
the
government

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