Helppppp meee. MULTIPLE CHOICE 51. Under this tax collection system, the government identifies noncompliant taxpayers, assesses their tax dues including penalties, demands for taxpayers voluntary compliance or enforces collections by coercive means such as summary or judicial proceeding A. Assessment or enforcement system B. Voluntary compliance system C. Withholding system on Income tax D. None of the above 52 What distinguishes tax from license? A. Tax is a regulatory measure B. Tax is a demand of ownership C. Tax arises from contract D. Tax is a post activity imposition 53. It is a collection system where the taxpayer himself determines his income, reports the same through income tax returns and pays the tax to the government A. Withholding system on business tax B. Final withholding tax C. Voluntary compliance system D. Neither A and B 54. Debt a compared to tax A. It is a demand of ownership B. It is not assignable C. It will not cause imprisonment when not paid D. D It s generally payable in money 55 Which Principle demand that tax should just, reasonable and fair? A. Theoretical Justice B. Fiscal Adequacy C. Administrative feasibility D. None of the above 56 The government should make it easy for the taxpayers to comply by avoiding administrative bottlenecks and reducing compliance costs. This statement is under of one of the following. A. Theoretical Justice B. Fiscal Adequacy C. Administrative feasibility D. Economic efficiency 57. Which of the following requires the sources of government funds must be sufficient to cover government taxes costs? A. Theoretical Justice B. fiscal Adequacy C.Administrative feasibility D. All of the above 58 A levy from a property which derives some special benefit from public improvement is A. Special Assessment B. Debt C. Taxation D. Both A and C 59. Statement I: Government revenue may come from tax, license, toll and penalties Statement 2: Penalty may arise either from law or contracts Which is false? A. Statement 1 only B. Statement 2 only C. A and B D. None of the above 60. Toll exhibits all of the following characteristics, except one. Which is the exception? A. Demand of ownership B. Compensation for the use of another property C. Maybe imposed by private individuals D. Levied for the support of the government 61. It is imposed on imported and exported commodities A. Toll B. License C. vat D. Tariff 62 Select the correct statement A. Taxes may be subject to compensation B. Toll, being a demand of ownership, is exercised only by private entities C. Dacion en pago and cession in payment are applicable to taxation D. Special assessment applies only when public improvement is made. 63 Which of the of following levy is fiscal or revenue by nature? A. Tax law geared to phase out a deficit balance of the government B. Tax law is intended to prohibit gambling in Philippines C. Tax is intended the to protect local industries D. Tax law supporting the development of a particular industry 64 Which is intended to regulate conduct? A penalty B License C police power D toll 65 Which of the following is incorrect? A The collected tax is referred to as revenue B Tax is the sole source of government revenue C License is imposed before commencement of a business or profession D Debt can be subject to compensation or set off 66 Which of the following is incorrect? A Tax may be unlimited in amount B Non-payment of license renders the business illegal C Special assessment is not a liability of the person owning the property D. special assessment can be imposed on building and other real attaching or pertaining land. 67. What type of administrative issuance that provide directives or instructions, prescribe guidelines, outline, processes, and procedures necessary in the implementation of stated policies? A Revenue Regulations B Revenue Memorandum Rulings C Revenue Memorandum Orders D BIR Rulings 68 The official positions of the Bureau to queries raised by taxpayers and other stakeholders related to clarification and interpretation of tax laws. A. Revenue Regulations B. Revenue Memorandum Rulings C. Revenue Memorandum Orders D. BIR Rulings 69. The Philippines has entered into several of it for the avoidance of double taxation and prevention of fiscal evasion with respect to income taxes. Tax privileges and exemptions granted under treaties to which the Philippines is a signatory are recognized under Philippine tax law. A. Contracts B. Orders C. Laws D Treaties 70. Establishes basic taxes the government may levy such as personal income taxes, corporate taxes, sales taxes, excise taxes and estate taxes. It also codifies the tax collection process and procedures for appeals. A. National Internal Revenue Code B. Constitution C. Treaties D Tax Law 71. Has the authority to interpret the provisions of the Tax Code subject to review by the secretary of finance. Both the Secretary of Finance and the Commissioner may issue administrative orders based on these interpretation A. Commissioner of Internal Revenue B. Bureau of Internal Revenue C. Secretary of Finance D president 72. This are the formal pronouncements intended to clarify or explain the law and carry into effect its general provisions by providing details Orders of administration and procedure. A. Revenue Memorandum B. Revenue Regulations C. Revenue Memorandum Rulings D. Revenue Memorandum Circulars 73. All of the following are types Of administrative issuance except A. BIR Rulings B. Revenue Bulletins C. Revenue List D. Revenue 74. Benchmarks for the fair and relevant valuation and recognition of income, expense, assets, liabilities, and equity of a reporting entity for general purpose financial reporting. Repots that are intended to meet the common needs of a vast number of users. A. Tax Laws B. Generally Accepted Accounting Principles C. Faithful Representation D. International Accounting Standards in the preparation 75. In cases of conflict in General Accounting Principle, taxpayers should follow____ in the preparation and filing of tax returns. A. Tax Laws B. Generally Accepted Accounting Principle C. Bureau of Internal Revenue D. D. BIR rulings 76. They are effective even during periods of enemy occupation that are laves Of the occupied territory. A. Tax Code B. Bureau of Internal Revenue C. Other internal revenue laws D. Philippine Tax Laws 77. Which is not included in rulings A. BIR rulings B. Value Added Tax rulings C. Delegated Authority rulings D. Philippine rulings 78 The penalty provisions in internal revenue laws are merely intended for A. Securing taxpayers' account B. Paying taxes property C. Securing taxpayers' compliance D. Securing taxpayers' trust 79. Which is correct about classification of taxes as to purpose. A. Excise tax, tax imposed upon the performance of enjoyment of privilege B. Sumptuary, tax levied to achieve some social or economic objectives C. Revenue imposed for general purpose D. Regulatory, tax imposed to regulate business, conduct, acts or transactions 80 Tax is an enforced proportional contribution levied by the lawmaking body of the State to raise revenue for: A private purpose B Public purpose C Financial living D Daily living 81. Elements of a valid tax include A Tax must not violate constitutional and inherent limitations B. Tax must be for public purpose C. Tax must be proportional in character D. All of the above 82. As to rate in classification of taxes, it is the fixed rate tax that emphasizes equality as it subjects all taxpayers with the same rate without regard to their ability to pay. A Regressive tax B. Proportional tax C. Progressive tax D. Mixed Tax 83. The tax is sad to be when both the impact and incidence of taxation rest upon the same taxpayer. A. Personal B. Regulatory C. Direct D. Indirect 84. Which is true in elements of a valid tax A. Tax is generally payable in money B. Tax must be levied by the eminent power C. Tax must be for rich people D. None of the above 85. Ad valorem is a tax of a fixed proportion imposed upon the value of the tax object. Ad valorem is included in classification as to: A. Amount B. subject matter C. rate D. purpose 86. Classification of taxes include all except A. Purpose B Incidence C Rate D. Specific 87. It a tax collected by non-VAT business taxpayers A. Other percentage tax B. Excise tax C. Income tax D. Value Added Tax 88. Tax imposed by the municipal or local government A National tax B Local tax C Proportional tax D Indirect tax 89. Taxes imposed upon the gratuitous disposition of private properties of rights. One that neither imposes burden nor requires consideration from transferee or recipient. A Donors tax B Estate C Other percentage tax D Excise tax 90. ____ is a tax imposed on the privilege that a person is given in controlling to a certain extent, the disposition of his property to take effect upon death. A. Donors tax B Estate tax C. Other percentage tax D. Excise tax 91. As to incidence, when the tax is paid by any person other than the one who is intended to pay the same. Occurs in the case of business taxes where the statutory taxpayer is not the economic taxpayer. A. Direct tax B. Indirect tax C. Personal tax D. Specific tax 92. As to amount, a tax of a fixed amount imposed on a per unit basis such as per kilo, liter or meter, etc. A. Specific tax B. Ad valorem C, All of the above D. None of the above 93. Which is not an example of local tax A. Real property tax B. Professional tax C. Business taxes D. None of the choices 94. Which is a classification of taxes as to subject matter A. Fiscal, Regulatory and Sumptuary B. Proportional, Progressive and Regressive taxes C. Personal Property and Excise D. Income, Estate and donor 95 On national tax, a tax on documents, instruments, loan agreements and papers evidencing the acceptance, assignment, sale or transfer of an obligation, right or property. A. Value Added tax B Excise tax C Stamp tax D. Documentary Stamp tax 96 National and local tax is a classification tax in A. Rate B. Object C. subject matter D. authority 97. This tax manifest tax rates which is a combination of any of taxes as to rate A Mixed tax B. Progressive tax C. Regressive tax D. Same tax 9S Issuances that publish pertinent and applicable portions, as yell as amplifications of laws, rules, regulations and precedents issued by the BIR and other agencies/offices A. Revenue Regulations B. Revenue Memorandum Orders C. Revenue Memorandum Circulars D. D. Revenue Memorandum Rulings 99. Which of the following is true about tax amnesty? l. A general pardon ll. Tax remission A. Statement 1 B. Statement 2 C. Both are correct D. Both are incorrect 100 Which the following is true about tax condonation? l. It covers both civil and criminal liabilities ll. A forgiveness of the tax obligations A. Statement 1 B. Statement 2 C. Both are correct D. Both are incorrect