Principles Of Taxation

Mr. Clieford Perez, CPA, MBM

Elements of tax
Essential Elements of a Tax
 It is an enforced contribution.
 It is generally payable in money.
 It is proportionate in character.
 It is levied on persons, property or the exercise of
a right or privilege. (subjects or objects of
taxation)
 It is levied for public purpose.
Tabag and Garcia
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Characteristics of the
State’s Power to Tax
Nature/Characteristics of the State’s Power to Tax

It is inherent in sovereignty.

It is legislative in character.

Tabag and Garcia

5
Simple Exercises
Essay
*TBA

7
7th Topic is partially completed.
Thank you!