Chapter 1 INCOME TAX multiple choice Well Answered

Chapter 1 INCOME TAX (multiple choice) Well Answered

2024/2025

The point at which tax is levied is also called?

• Impact of Taxation
• Situs of Taxation
• Incidence of taxation
• Assessment - Correct Answer a. Impact of Taxation

Which of the following inappropriately describes the nature of taxation?

• Inherent in sovereignty
• Essentially a legislative function
• Subject to inherent and constitutional limitation
• Generally for public purpose - Correct Answer d. Generally for public purpose

What is correct?

• Tax condonation is general pardon granted by the government
• The BIR has five deputy commissioners
• The government can still collect tax in disregard of a constitutional limitation because taxes are the

lifeblood of the government

• The President of the Philippines can change tariff or imposts without necessity of calling Congress to

pass a law for that purpose - Correct Answer d. The President of the Philippines can change tariff or imposts without necessity of calling Congress to pass a law for that purpose

• The power to tax includes the power to exempt.
• The power to license includes the power to tax 1 / 2

Which is true?

• A only
• B only
• A and B
• Neither A and B - Correct Answer a. A only

International double taxation can be mitigated by any of the following except?

• Entering into treaties to form regional trade blockage against the rest of the world
• providing allowance for tax credit
• provision of tax exemptions
• provision of reciprocity provisions in tax laws - Correct Answer a. Entering into treaties to form

regional trade blockage against the rest of the world Which is not an object of taxation?

• Persons
• Public properties
• Business
• Transactions - Correct Answer b. Public properties

That courts cannot issue injunction against the government's effort to collect taxes is justified by?

• the ability to pay theory
• imprescriptibility of taxes
• the lifeblood doctrine
• the doctrine of estoppel - Correct Answer c. the lifeblood doctrine

The power to enforce proportional contribution from the people for the purpose of the government is?

• / 2