Lesson 2

Question 1

Is a body of laws which codifies all national tax
laws including income, estate, gift, excise, stamp
and other taxes. These are laws that provide the
assessment and collection of taxes.

Question 2

These are laws that grant certain immunity from
taxation.

Question 3

Philippine Tax laws are ___ and ____ in
nature. Our internal revenue laws are not penal
in nature because they do not define crime but
only intended to secure taxpayer’s compliance.

Question 4

1. Tax statute must be enforced as written
2. Imposition of tax burdens is not presumed.
3. Doubts should be resolved liberally in favor of
   the taxpayer
4. Tax exemption are strictly construed against the
   taxpayer
5. Tax laws are applied prospectively
6. Tax laws prevail over civil law

Question 5

1. Tax must be levied by the taxing power having
   jurisdiction over the object of taxation.
2. Tax must not violate Constitutional and inherent
   limitations.
3. Tax must be uniform and equitable.
4. Tax must be for public purposes.
5. Tax must be proportional in character.
6. Tax is generally payable in money.