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B. The property of an educational institution operated by a religious order is exempt from property
tax, but its income is subject to income tax.
C. The prohibition of delegation by the state of the power of taxation will still allow the BIR to
modify the rules in time for filing of returns and payment of taxes.
D. The power of taxation is shared by the legislative and executive departments of the government.
12. Statement 1 The point on which tax is originally imposed is impact of taxation.
Statement 4 As a rule, provisions on the validity of tax exemptions are resolved liberally
13. A tax system where the revenues are supplied mostly by indirect taxes.
A. Schedular C. Progressive
B. Proportional D. Regressive
14. A tax system where the greater bulk of the tax revenues is derived by direct taxes.
A. Schedular C. Progressive
B. Proportional D. Regressive
A. Tax laws must be applied within the territorial jurisdiction of the state.
17. They exist independent of the constitution being fundamental powers of the state, except
18. The power to acquire private property upon payment of just compensation for public purpose
19. The power to regulate liberty and property to promote the general welfare.
A. Power of taxation C. Power of imminent
domain
20. The power to demand proportionate contributions from persons and property to defray the