TRUE OR FALSE Flashcards
(22 cards)
The power to tax is supreme, plenary, comprehensive and without any limit because the existence of the government is a necessity.
FALSE
The power of taxation in the Philippine Constitution are grants of power and not limitations on taxing power.
FALSE
Taxes maybe imposed to raise revenue or to provide disincentives to certain activities within the state.
TRUE
The amount of money raised for the government in the exercise of its power to tax and police power is bases on the needs of the government.
FALSE
(X - Police power)
The power to tax can be exercised even in the absence of a constitutional grant.
TRUE
Taxes are pecuniary in nature.
TRUE
There are two kinds of double taxation - evasion and avoidance.
FALSE
(direct duplicate taxation and indirect duplicate taxation)
The government can enforce contribution upon its citizens only when the constitution grants it.
FALSE
(no need to wait if the constitution grants it)
Income tax is an excise tax.
TRUE
A tax cannot be imposed without clear and express words for that purpose.
TRUE
Taxes are imposed on persons and property beyond the territorial jurisdiction of the state.
FALSE
The Constitution is the source of the State’s taxing power.
TRUE
The police power of the government may be exercised through taxation.
TRUE
In the exercise of the power of taxation, the State can tax anything at any time.
TRUE
The money contributed as tax becomes part of public funds.
TRUE
The power of taxation may be exercised by government, its political subdivisions, and public utilities.
FALSE
If the law is repealed, taxes assessed before repeal of the law may no longer be collected.
FALSE
Generally, there is no limit on the amount of tax that may be imposed.
TRUE
Tax evasion is known as tax minimization while tax avoidance is known as tax dodging.
FALSE
(Tax evasion is known as tax dodging while tax avoidance is known as tax minimization)
The power to tax is subject to inherent and constitutional limitations.
TRUE
Statement 1. The rent, in some of the religious order is subject to tax.
Statement 2. The exemption from taxation provided in the Philippine Constitution prohibits We imposition of any tax on the religious order.
Statement 1 is TRUE while Statement 2 is FALSE.
Statement 1. This exemption from tax applies whether the educational institution by a religious order or not.
Statement 2. The policy consideration for the tax exemption is to encourage the establishment and not profit-motivated of educational institutions which is public service oriented.
Both statements are TRUE.
