Chapter 2 PPT BASED

Question 1

______________ is the instrument for carrying out the decisions of any government in power with regards to mobilising revenues for economic development.

Answer 1

Tax Administration

Question 2

_______ seeks additional taxes and new sources of revenue but the successful tax administration of some existing taxes would provide a considerable part of the needed additional revenue.

Answer 2

Tax policy

Question 3

_____ of the tax system reduces human contact and the opportunities for corruption

Answer 3

Computerisation

Question 4

Mandated by law to assess and collect all national internal revenue taxes, fees, and charges

Answer 4

Bureau of Internal Revenue

Question 5

Responsible for fiscal policies and general management of the Philippines Government’s financial Resources

Answer 5

Department of Finance

Question 6

Tax Administrative Agencies

Answer 6

Bureau of Internal Revenue
Bureau of Customs
Tariff Commission
Land Transportation Office
Duly and Lawfully authorized collectors
Local offices in charge of enforce local taxation

Question 7

BIR OFFICERS

Answer 7

The Commissioner of the Internal Revenue
Deputy commissioner of the Internal Revenue
Revenue Regional Director
Revenue District Officer
Revenue Examiners and Officers
Division Chiefs
BIR collection agents

Question 8

BIR FORM for registration of self-employed, mixed individuals, estates and trusts.

Answer 8

BIR FORM 1901

Question 9

BIR FORM for registration of corporations and partnerships.

Answer 9

BIR FORM 1903

Question 10

BIR FORM for individuals earning purely compensation Income

Answer 10

BIR FORM 1902

Question 11

BIR FORM for updating/cancellation of registration, cancellation of TIN, new copy of Certificate of Registration

Answer 11

BIR FORM 1905

Question 12

BIR FORM for registration of one-time taxpayers and persons under E.O. NO.98

Answer 12

BIR FORM 1904

Question 13

When any individual who has paid the annual registration fee dies, and the same business is continued by other person or persons interested in his estate

Answer 13

Transfer of OWNERSHIP

Question 14

Formal report prepared by the taxpayers or his agent in a prescribed form showing an enumeration of taxable amounts and description of the taxable transactions, allowable deduction, amount of tax and tax payable to the government.

Answer 14

Tax returns