1.All of the following are inherent restrictions on the exercise of taxation power, except

rule of uniformity

for public purposes

territorial jurisdiction

international comity.

2.All of the following are administrative functions of taxation except

selection of object of tax

valuation of property for taxation

equalization of assessment

collection of taxes

3.Which of the following statements is not correct?

Only the national government exercises the inherent power of taxation.

the powerto tax by the local government units is a delegated power granted by the Constitution and other special laws,

national legislation is exercised by Congress

interpretation of Tax Laws is done by the Legislative branch of the government

4.This refers to the process of taxation to determine the amount of tax based on existing tax law.

Levying

. Imposition

Assessment

Collection 5. it is a scheme of reducing payment of taxes through, legally permissible means

1 point

. Tax evasion

Tax avoidance

Tax remission

Tax amnesty

6.Which of the following statements is not correct?

Collections from taxes are public money.

Appropriation of taxes for the common good of the people is valid.

Construction of private road from taxes is a valid appropriation

Allocation of taxes for the benefit of greater portion of population is considered for public purposes.