Question 37

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Question text

Classify the following as Inherent Limitation or Constitutional Limitation:

1. Tax exemption of properties actually, directly and exclusively used for

Constitutional Limitation
religious, charitable and educational purpose -

Constitutional Limitation
2. Uniformity, equitability, and progressivity of taxation -

Inherent Limitation
3. It must be for Public purpose -
Inherent Limitation
4. Observance of Territoriality or situs of taxation -

Constitutional Limitation
5. Due process of law -
Inherent Limitation
6. Exemption of government from taxation -

Inherent Limitation
7. International Comity -

8. Revenue and tariff bill must originate in the House of Representative

Constitutional Limitation
-
Constitutional Limitation
9. Non-imprisonment for non-payment of poll tax -
 Inherent Limitation
10. Non-delegability of taxation power -

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Your answer is correct.

The correct answer is:

Classify the following as Inherent Limitation or Constitutional Limitation:

1. Tax exemption of properties actually, directly and exclusively used for

religious, charitable and educational purpose - [Constitutional Limitation]

2. Uniformity, equitability, and progressivity of taxation - [Constitutional

Limitation]

3. It must be for Public purpose - [Inherent Limitation]

4. Observance of Territoriality or situs of taxation - [Inherent Limitation]

5. Due process of law - [Constitutional Limitation]

6. Exemption of government from taxation - [Inherent Limitation]

7. International Comity - [Inherent Limitation]

8. Revenue and tariff bill must originate in the House of Representative -

[Constitutional Limitation]

9. Non-imprisonment for non-payment of poll tax - [Constitutional Limitation]

10. Non-delegability of taxation power - [Inherent Limitation]

Question 38
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Question text
Compute the Tax Liability of an Individual with a Taxable Income of P5,679,852.
Ignore peso sign.

Submit your computations after taking the exam on the link available below this
examination.
1,667,552.64
Answer:
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The correct answer is: 1,667,553