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TAX 311 > IDENTIFICATION (2) > Flashcards

IDENTIFICATION (2) Flashcards

1
Q

Non-payment of this tax will not imprison an individual

A

Poll Tax

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2
Q

The basic principle states that the tax imposed must be proportionate to taxpayer’s ability to pay.

A

Theoretical Justice

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3
Q

There can be no tax unless there is a law imposing the tax is consistent with this inherent limitation of taxing power.

A

Non-delegability of taxing power
Or
Non-delegation

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4
Q

The premier tax agency in the Philippines

A

BIR

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5
Q

This limitation inherently implied that the State’s primary concern is for the common good of the people

A

Public Purpose

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6
Q

Also known as tax dodging, which is the unlawful means of lessening or getting away from tax liabilities

A

Tax Evasion

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7
Q

One of the characteristics of internal revenue laws is that they are:

A

Generally Prospective in Appilcation

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8
Q

Which of the following inherent powers of the government is inferior to the non-impairment clause of the constitution

A

Taxation
Or Power to Tax

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9
Q

No person shall be imprisoned for non-payment of:

A

Poll Tax

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10
Q

Tax of a fixed proportion of the value of the property; needs and independent appraiser to determine its value (e.g. real estate tax, certain custom duties)

A

Ad Valorem Tax

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11
Q

The strongest among the inherent powers of the state

A

Power to Tax

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12
Q

It is the place of taxation

A

Situs

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13
Q

It is generally based on contract, non-payment of this will not necessarily imprison an individual as opposed to non-payment of tax

A

Debt

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14
Q

It is a sum of money for the use of something, thus a demand of proprietorship

A

Toll

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15
Q

It happens when the taxpayer minimizes his tax liability by taking advantage of legally available tax planning opportunities

A

Tax Avoidance

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16
Q

It is the power of the state to take private peoperty for public use upon payment of just compensation

A

Eminent Domain

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17
Q

The existence of the government is a necessity and that the state has the right to compell all individuals and property within its limits to contribute

A

Theory of Taxation

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18
Q

Subject to inherent and constitutional limitations the power of taxation is regarded as supreme, plenary, unlimited and comprehensive

A

Scope of Taxation

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19
Q

Where does taxing power of the provinces, municipalities and cities percede from?

A

Constitutional Grant

20
Q

How will the local government units be able to exercise their taxing powers?

A

By local legislation

21
Q

The Tax Reform Act of 1997 or the Tax Code is:

A

RA 8424

22
Q

Tax of a fix amount imposed among all persons residing within a specified territory without regards to their property or occupation they may be engage

A

Personal, Poll, or Capitation Tax

23
Q

Tax imposed on personal or real property in proportion to its value or some other reasonable method of apportionment

A

Property

24
Q

Tax which is demanded from the persons whom the law intends or desires to pay it

A

Direct

25
Q

Tax which is demanded from one person in the expectationand intention that he shall indemnify himself at the expense of another

A

Indirect

26
Q

Tax which imposes a specific sum by the head or number or by some standards of weight or measurement and which requires no assessment other than a listing or classification of the objects to be taxed

A

Excise

27
Q

Tax fixed proportion of the amount or value of the property with respect to which the tax assessed

A

Specific

28
Q

Tax base on a fix percentage of the amount of property, income or other basis to be taxed

A

Proportional

29
Q

Tax where the rate decreases as the tax base increase

A

Regressive

30
Q

Tax where the rate increases as the tax base increases

A

Progressive

31
Q

Persons or thing belonging to the same class shall be taxed at the same rate

A

Uniformity of Taxation

32
Q

A characteristic of taxation which distinguishes it from police power and eminent domain?

A

Generally Payable in Money

33
Q

The tax law must be capable of convenient just and effective administration

A

Administrative Feasibility

34
Q

The sources of revenue should be sufficient to meet the demands of public expenditures. This refers to

A

Fiscal Adequacy

35
Q

Basic principles of sound tax system

A

Fiscal Adequacy
Administrative Feasibility
Theoretical Justice

36
Q

The tax law must be capable of convenient just and effective administration

A

Administrative Feasibility

37
Q

The person or property taxed must be subject to the jurisdiction of the taxing State. This inherent limitation is called

A

Territoriality

38
Q

Restrictions on the power of taxation recognizes that the country’s tax laws shall not be applied to the property of foreign government?

A

EXERCISE OF TAXATION IS SUBJECT TO INTERNATIONAL COMITY

39
Q

An escape from taxation where the tax burden is transferred by one whom the tax is imposed or assessed to another

A

Shifting

40
Q

An escape from taxation where the producer or manufacturer pays the tax and endeavor to recoup himself by improving his process of production thereby turning out his units of products at a lower cost

A

Transformation

41
Q

An escape from taxation where there is a reduction in the price of the taxed object equal to the capitalized value of the future taxes which the taxpayer expects to be called upon to pay

A

Capitalization

42
Q

police power as distinguished from taxation?

A

The amoung imposed depends on wether the activity is useful or not

43
Q

Value-added tax is an example of

A

Proportional Tax

44
Q

Atax on business is

A

Indirect Tax

45
Q

That the legislative body can impose a tax at any amount underscores the legal truism tha

A

Taxation is a very broad power of the state

TAX 311 (4 decks)

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