Professional Documents
Culture Documents
Taxation
1
Taxation
2
It is a way of apportioning the expenses of government
among those who in some measure are privileged to enjoy
its benefits and must bear its burdens.
3
SCOPE OF TAXATION
4
WHEN WAS TAXATION STARTED
5
PURPOSES AND OBJECTIVES OF TAX:
6
THE LIMITATIONS ON THE POWER OF
TAXATION
7
THE BASIS OF TAXATION IS FOUNDED ON THE
LIFE BLOOD THEORY.
8
THEORIES OF TAXATION
1. Necessity Theory
The existence of the government is necessity. It cannot continue
without a means to pay its expenses and therefore has a right to
compel all citizens and property within its power to contribute.
9
LIABILITIES INVOLVED
10
The following are some means on which a taxpayer may
minimize if not to escape the payment of taxes:
1. Tax Exemptions,
2. Tax Avoidance, and
3. Tax Evasion.
11
TAX EXEMPTION
12
KINDS OF TAX EXEMPTIONS
13
KINDS OF TAX EXEMPTIONS
14
TAX AVOIDANCE
15
TAX EVASION
16
TAX AMNESTY
17
THE TRAIN LAW
18
It likewise introduced new taxes such as the excise tax on
cosmetic surgery and sugar-sweetened beverages.
19
The Tax Reform for Acceleration and Inclusion (TRAIN) is the
first package of the comprehensive tax reform program
(CTRP) envisioned by President Duterte’s administration, which
seeks to correct a number of deficiencies in the tax system to
make it simpler, fairer, and more efficient.
20
Through TRAIN, every Filipino contributes in funding more
infrastructure and social services to eradicate extreme poverty and
reduce inequality towards prosperity for all.
21
REFERENCES
https://www.coursehero.com/file/77509163/TAXATION-DURING-
THE-SPANISH-ERAdocx/
22