1. The three fundamental powers no limit on the amount that may
of the state may be exercise only be imposed. - TRUE by the government - FALSE 12. Debt, as distinguished from tax, 2. Taxation is a process or means may be paid in kind. - TRUE by which the sovereign, through 13. Under the equal protection its lawmaking body raises clause of the constitution, all income to defray the expenses persons subject to legislation of the government. - TRUE shall be treated alike under 3. Eminent domain may be dissimilar circumstances and exercise even by public service conditions, both in the privileges corporations and public entities. conferred and liabilities - TRUE imposed. - FALSE 4. Police power regulates both 14. Tax laws are civil and penal in liberty and property. - TRUE nature because there are 5. Taxes are raised to cover the penalties provided in the case of cost of governance.- TRUE violation. - FALSE 6. Toll is one of the taxes collected 15. Special assessment is a tax. by the government. - FALSE 16. Special assessment is imposed 7. License fees are imposed in the on persons, property and exercise of police power. - property rights. – FALSE TRUE 17. The Philippine government may 8. License fee is imposed to raise subject the land where revenue. - FALSE embassies of foreign 9. Tax is generally unlimited governments are located to real because it is based on the needs property taxes. – FALSE of the State. - TRUE 18. A revenue bill may originate from 10. The amount imposed in the the Senate and on which same exercise of police power bill the House of depends on whether the activity Representatives may propose is useful or not. - TRUE amendments. - FALSE 11. The distinction of a tax from 19. A person may refuse to pay on permit or license fee is that a tax the ground that he will not receive a benefit from the tax. - different types of income. - FALSE FALSE 20. In the exercise of the power of 28. One of the schemes of shifting taxation, the State can tax the incidence of tax burden is by anything at any time. - TRUE transferring the sales tax of a 21. In cases of deductions and manufacturer to the distributor, exemptions, doubts shall be then in turn to the wholesaler, to resolved liberally in favor of the the retailer and finally to the government. - TRUE consumer. - TRUE 22. Levying of local government 29. Transformation is a method by taxes should be exercise only by which the manufacturer or the legislative branch of the local producer upon whom the tax is government. - TRUE imposed pays the tax and strives 23. The taxing power of provinces, to recover such expense through municipalities and cities precede lower production cost without from constitutional grant. - TRUE sacrificing the quality of his 24. Taxation is regressive when product. - TRUE their rate goes up depending on 30. In case of ambiguity, tax laws the resources of the person shall be interpreted liberally in affected. - FALSE favor of the 25. No law granting any tax government. – FALSE exemption shall be passed without the concurrence of 2/3 of all members of Congress. - FALSE 26. There is no constitutional prohibition against double taxation in the Philippines. It is something not favored, but nevertheless permissible. - TRUE 27. "Global system of income taxation" means separate graduated rates are imposed on