Week 4

Question 1

Kinds of taxes

Answer 1

1. As to object
2. As to burden of incidence
3. As to tax rates
4. As to purpose
5. As to scope
6. As to graduation

Question 2

As to Object:

Answer 2

1. Personal, poll, or capitation tax
2. Property tax
3. Privilege/excise tax

Question 3

Tax of fixed amount impose to the persons reading within a specified territory.

Answer 3

Personal, Poll or Capitation Tax

Question 4

Tax imposed on property, real or personal, in proportion to its value and accordance with some other reasonable method of appointment

Answer 4

Property Tax

Question 5

Any tax which does not fall within a classification of pool tax or property tax

Answer 5

Privilege/Excise Tax

Question 6

As to Burden or Incidence:

Answer 6

1. Direct taxes
2. Indirect taxes

Question 7

Taxes are which demanded the person also shoulder them, taxes for which the tax payer is directly or primarily liable or which he cant shift to another

Answer 7

Direct Taxes

Question 8

Taxes which are demanded from one person in the expectation and intention that he shall indemnify himself at the expense of another

Answer 8

Indirect Taxes

Question 9

As to Tax Rates

Answer 9

1. Specific Tax
2. As Valorem Tax
3. Mixed Tax

Question 10

A tax of fixed amount imposed from the head or number or by the some other standard of weight or measurement

Answer 10

Specific Tax

Question 11

A tax of a fixed proportion or value of the property with the respect to which is assessed.

Answer 11

Ad Valorem Tax

Question 12

Mixed

Answer 12

Combination of specific and Ad valorem tax

Question 13

As to purpose:

Answer 13

1. General tax
2. Special or regulatory tax

Question 14

Levied for the general or ordinary purposes of the government

Answer 14

General Tax

Question 15

Levied for special purposes

Answer 15

Special or regulatory tax

Question 16

As to scope:

Answer 16

1. National
2. Municipal or local