Taxation Reviewer 1

PART 1 A. INTRODUCTION 1. General Principles sources of tax laws Sec. 21 Sources of Revenue the following taxes, fees and charges are deemed to be national internal revenue taxes: 1. Income tax; 2. Estate and Donors taxes; 3. Value-added tax; 4. Other percentage taxes; 5. Excise taxes; 6. Documentary stamp taxes; and 7. Such other Taxes as are or hereafter may be imposed and collected by the Bureau of Internal Revenue Other Sources in general: 1. Constitution 2. NIRC 3. Other Tax Statutes 4. Revenue Regulations implementing NIRC

2. Constitutional Limitations