LOCAL TAXATION (20 POINTS) TRUE OR FALSE. Read and analyze each item. Shade if the statement is TRUE or if FALSE. Fill in the entire circle darkly and completely. 1. Local taxation is governed by the Local Government Code. 2. Local tax ordinance must go through a public hearing to be enforceable. 3. Local tax ordinances are legislative in nature and need not be approved by the executive branch of the local government unit. 4. Provinces have the broadest tax powers among the local government units. 5. No city or municipality may issue any license or permit for any business or activity unless a clearance is first obtained from the barangay. 6. Community tax is imposed on both natural and juridical inhabitants of the community. 7. All inhabitants who are more than 18 years old are liable to basic community tax. 8. The juridical person must pay higher community tax than the natural person