General Principles Of Taxation Trivia Quiz

30 Questions | Total Attempts: 6345

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General Principles Of Taxation Trivia Quiz - Quiz

Here is an amazing test, general principles of taxation trivia quiz. This quiz has been designed carefully and will guide you through the gamut of the entire basics of taxation and how you should go about it. If you are already knowledgeable about it, just treat it like a refresher course! Who knows, you might even pick up something new. Let's dive right in and begin the quiz! All the best!.


Questions and Answers
  • 1. 
    Which of the following is/are the nature of the power of taxation?  
    1. It is an inherent attribute of sovereignty.
    2. It is legislative in character.
    3. It is regarded as comprehensive, unlimited, plenary and supreme.
    • A. 

      A. I only.

    • B. 

      B. I and II only.

    • C. 

      C. II and III only.

    • D. 

      D. I and III only.

  • 2. 
    A characteristic of taxes which means taxes are assessed with some reasonable rule of apportionment
    • A. 

      Due process

    • B. 

      Equal protection

    • C. 

      Theoretical justice

    • D. 

      Uniformity

  • 3. 
    Under the benefits-protection/reciprocity theory, while taxes are intended for general benefits, special benefits to taxpayers are not required.
    • A. 

      True

    • B. 

      False

  • 4. 
    Which of the following statements is true on the power of the courts of judicial review in taxation?   I.It is within the province of the courts to inquire into the wisdom or policy of the exaction, the motives behind it, the amount to be raised or the persons, property, or other privileges to be taxed. II. The court’s power in taxation is limited only to the application and interpretation of the law. III. The principle of judicial non-interference does not extend to the administrative realm.
    • A. 

      A. II and III only

    • B. 

      B. I and III only

    • C. 

      C. II only

    • D. 

      D. I and II only

  • 5. 
    In which of the following powers of the state does the taxpayer receive a direct benefit?
    • A. 

      Taxation

    • B. 

      Police power

    • C. 

      Eminent domain

    • D. 

      None of the above.

  • 6. 
    Which of the following powers of the state is superior to the non-impairment clause of contracts?  
    1. Taxation
    2. Police power
    3. Eminent domain
    • A. 

      A. I only

    • B. 

      B. I and II only

    • C. 

      C. I and III only

    • D. 

      D. II and III only

  • 7. 
    Motor vehicle registration fees are now considered revenue or tax measures.
    • A. 

      A. True

    • B. 

      B. False

  • 8. 
    Which of the following statements on construction of tax laws is false?
    • A. 

      A statute will not be construed as imposing a tax unless it does so clearly, expressly and unambiguously.

    • B. 

      In case of doubt, it is construed most strongly against the Government, and liberally in favor of the taxpayer.

    • C. 

      Tax laws are special laws and prevail over a general law.

    • D. 

      The retroactive application of tax laws is not permitted.

  • 9. 
    I. Tax laws are political in character. II. Tax laws are civil in nature. III. Tax laws are not penal in character.   Which of the above statements is/are true?
    • A. 

      A. I and II only

    • B. 

      B. II and III only

    • C. 

      C. I and III only

    • D. 

      D. II only

  • 10. 
    Which of the following statements is/are true?  
    1. Taxes are personal to the taxpayer.
    2. Stockholders may be held liable for unpaid taxes of a dissolved corporation.
    3. A corporation’s tax delinquency cannot be enforced against its stockholders.
    • A. 

      A. I only

    • B. 

      B. I and II only

    • C. 

      C. I and III only

    • D. 

      D. I, II and III

  • 11. 
    Tax upon the value of the article or thing subject to taxation; the intervention of another party is needed for the computation of the tax.
    • A. 

      A. Customs duties

    • B. 

      B. Specific tax

    • C. 

      C. Ad valorem tax

    • D. 

      D. Special tax

  • 12. 
    Which of the following is not considered tax?
    • A. 

      A. Compromise penalty

    • B. 

      B. Special assessment

    • C. 

      C. License or fee

    • D. 

      D. All of the above

  • 13. 
    Which of the following is not a requisite of taxpayer’s suit?
    • A. 

      A. The tax money is being extracted and spent in violation of specific constitutional protections against abuses of legislative power.

    • B. 

      B. That public money is being deflected to any improper purpose

    • C. 

      C. That the petitioner seeks to restrain respondents from wasting public funds through the enforcement of an invalid or unconstitutional law

    • D. 

      D. None of the above.

  • 14. 
    Which of the following is not an inherent limitation of the power to tax?
    • A. 

      A. Non-delegability of the taxing power

    • B. 

      B. Public purpose of taxes

    • C. 

      C. Tax Exemption of the government

    • D. 

      D. None of the above.

  • 15. 
    I. The power of taxation is peculiarly and exclusively exercised by the legislature.II. The President has the authority to fix tariff rates, import and export quotas, tonnage and wharfage dues, and other duties or imposts.III. Local government units have the power to levy taxes, fees, and charges.IV. Tax legislation may be delegated to administrative agencies. Which of the above statements is/are false?
    • A. 

      A. II and IV only

    • B. 

      B. II and III only

    • C. 

      C. II, III and IV only

    • D. 

      D. IV only

  • 16. 
    Shares, obligations or bonds by any foreign corporation are only includible in the gross estate of a resident decedent when
    • A. 

      A. 50% of the business of the foreign corporation is located in the Philippines

    • B. 

      B. 70% of the business of the foreign corporation is located in the Philippines

    • C. 

      C. 85% of the business of the foreign corporation is located in the Philippines

    • D. 

      D. 90% of the business of the foreign corporation is located in the Philippines

  • 17. 
    I. Although the government is tax exempt, it can however tax itself.II. GOCCs’ income is taxable at special rates.
    • A. 

      A. Statement I is true; Statement II is false

    • B. 

      B. Statement I is false; Statement II is true

    • C. 

      C. Both statements are true

    • D. 

      D. Both statements are false

  • 18. 
    I. Property actually, directly and exclusively used for educational purposes by government educational institutions are exempt from property or real property tax.II. Income of whatever kind and character from any properties of government educational institutions, real or personal, regardless of the disposition, is taxable.
    • A. 

      A. Statement I is true; Statement II is false

    • B. 

      B. Statement I is false; Statement II is true

    • C. 

      C. Both statements are true

    • D. 

      D. Both statements are false

  • 19. 
    I. Donations in favor of governmental institutions are considered as income on the part of the done.II. However, it is not considered as taxable income because it is an exclusion from the computation of gross income.
    • A. 

      A. Statement I is true; Statement II is false

    • B. 

      B. Statement I is false; Statement II is true

    • C. 

      C. Both statements are true

    • D. 

      D. Both statements are false

  • 20. 
    Which of the following may be subject to tax imposed by the local government units?
    • A. 

      A. A GOCC

    • B. 

      B. Local water districts

    • C. 

      C. Cooperatives duly registered under RA No. 6938

    • D. 

      D. Non-stock and non-profit institutions

  • 21. 
    I. The principle of international comity limits the authority of the government to effectively impose taxes on a sovereign state and its instrumentalities, as well as on its property held and activities undertaken in that capacity.II. International comity may not apply when one enters the territory of another.
    • A. 

      A. Statement I is true; Statement II is false

    • B. 

      B. Statement I is false; Statement II is true

    • C. 

      C. Both statements are true

    • D. 

      D. Both statements are false

  • 22. 
    In which of the following circumstances is the non-impairment clause of contracts violated when withdrawn? 
    1. Tax exemption bilaterally agreed by the government and the taxpayer
    2. Tax exemption unilaterally granted by law, withdrawn by virtue of another law
    3. Tax exemption granted under a franchise
    • A. 

      A. I only

    • B. 

      B. I and III only

    • C. 

      C. I and II only

    • D. 

      D. I, II and III

  • 23. 
    I. In the Philippines, a tax law adopting a regressive system of taxation is unconstitutional.II. Income tax on individual is an example of a progressive system of taxation.
    • A. 

      A. Statement I is true; Statement II is false

    • B. 

      B. Statement I is false; Statement II is true

    • C. 

      C. Both statements are true

    • D. 

      D. Both statements are false

  • 24. 
    Which of the following taxes are non-stock non-profit educational institutions exempt?
    • A. 

      A. Income tax

    • B. 

      B. Customs duties

    • C. 

      C. Property tax

    • D. 

      D. All of the above.

  • 25. 
    Which of the following taxes are religious, educational, charitable institutions exempt?
    • A. 

      A. Income tax

    • B. 

      B. Customs duties

    • C. 

      C. Property tax

    • D. 

      D. All of the above.

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