Please answer the following question ( multiple choice) Thank you

1. In light of the authority vested by the Tax Code to the Commissioner of Internal Revenue (CIR), the CIR recommended to the Secretary of the Department of Finance the creation of revenue district offices (RDOs) throughout the Philippines. The act of the CIR is in keeping with the principle of:

a. Administrative Feasibility

b. Fiscal Adequacy

c. Theoretical Justice

d. Uniformity

2. In view of the powers vested by the Tax Code to the Commissioner of Internal Revenue (CIR), the CIR

accredited specific banks and authorized such as its agent in receiving payments of taxes. The act of CIR is in keeping with the principle of:

a. Administrative Feasibility

b. Fiscal Adequacy

c. Situs of Taxation

d. Theoretical Justice

3. In the Philippine taxing jurisdiction, the following statements are correct except:

a. Taxes are based on one's ability to pay

b. Taxes are levied by authority of the law

c. Taxes are obligations created by law

d. The power to tax is not unlimited

4. Jaime is a non-VAT seller of goods. Since he has no official receipts or invoices to support his expenses, he opted for the Optional Standard Deduction (OSD). When he filed his income tax return, he intentionally applied the rate of 20% on his gross sales. In this case, Jaime applied this type of scheme:

a. Capitalization

b. Shifting

c. Evasion d. Avoidance

5. 1st statement - The Legislative Department levies the taxes.

2nd statement - The Executive Department, through the Department of Finance's line agency, the Bureau of Internal Revenue makes the assessment and collection of internal revenue taxes.

a. Only the 1st statement is true

b. Only the 2nd statement is true

c. Both statements are true

d. Both statements are false

6. A new comprehensive tax reform was enacted by the Congress of the Philippines. To effectively implement the law, the Secretary of the Department of Finance will most likely issue:

a. Revenue Memorandum Circulars

b. Revenue Memorandum Orders

c. Revenue Memorandum Rulings

d. Revenue Regulations

7. Taxation is NOT:

a. A contribution for the support of a government required of persons, groups, or businesses within the domain of that government

b. A means by which governments finance their expenditure by imposing charges on citizens and corporate entities

c. An act by which the sovereign, through its lawmaking body, raises income to defray the necessary expenses

d. The process by which the sovereign through its law-making body, imposes burdens upon subjects or objects within its jurisdiction for the purpose of raising revenues to carry out the legitimate objects of the government

8. Generally, the following can exercise the power of taxation, except:

a. The local sanggunian

b. The members of the House of Representatives

c. The president

d. The senators

9. The following are the reserved powers of Congress in exercising taxation, except:

a. Determination of the deficiency taxes

b. Discretion on who to tax

c. Identify the method how to collect the tax

d. The purpose of the levy

10. The following principles are inter-related, except:

a. Ability to pay

b. Benefit received theory

c. Progressive tax system

d. Theoretical justice

11. Which is NOT a proper exercise of administrative feasibility?

a. Electronic Tax Payment System (eTPS)/Land Bank Remittance System (LBRS)

b. Payment of tax thru credit/debit/prepaid cards/G-Cash

c. Requirement to all taxpayers to file tax returns

d. Substituted Filing of Qualified Compensation Income Earners

12. Nicanor failed to file his delinquent tax on time. The government collecting agency has commenced summary remedies to collect the tax. Nicanor's real property was levied and taken by the government to satisfy his tax liabilities. This is an exercise of:

a. Police power

b. Power of eminent domain

c. Power of expropriation

d. Power of taxation

13. 1st statement - The police power can only be exercised by the State.

2nd statement - The power to tax can only be exercised by the State.

3rd statement - The power of eminent domain can only be exercised by the State. Which is FALSE?

a. Only the 1st statement

b. Only the 2nd statement

c. Only the 3rd statement

d. None of the statements

14. . Which is NOT a constitutional limitation on the power of taxation?

a. Application of the same law with the same taxapayers

b. No person shall be imprisoned for non-payment of tax

c. The requirement of notice and hearing in assessment

d. The state, unless declared void by the courts, cannot renege on its obligation or contractual agreements

15. Which is NOT a remedy in double taxation?

a. Application of tax treaty relief

b. Payment of the tax

c. Tax payment is an expense

d. Treatment of the paid tax as credit

16. Which is NOT true?

a. Deductions partake the nature of an exemption

b. Exemptions are strictly construed against the taxpayer

c. Exemptions are liberally interpreted in favor of the taxpayer

d. If tax law is vague, it benefits the tax

17. The following are issued by the Commissioner of Internal Revenue, except:

a. Revenue Memorandum Circulars

b. Revenue Memorandum Orders

c. Revenue Regulations

d. Revenue Rulings

B.

1. Nicanor computed his tax and voluntarily paid the same thru thebank. The BIR concluded that Nicanor underpaid. The underpayment was determined thru:

a.Taxation

b.Levy

c.Assessment

d.Collection

2. Aliens employed by regional area headquarters or regional area operating headquarters of multi-national companies, off-shore banking units and of those petroleum service contractors are now subject to graduated tax rate in the same manner that ordinary employees. This rule in taxation is in accord with:

a.Uniformity in taxation

b.Theory of taxation

c.Scope of taxation

d.Situs of taxation

3. Violation of tax laws may give rise to imposition of this kind. a.Tax

b.Fine c.Penalty

d.Special assessment

4. 1ststatement -Constitutional limitations are restrictions arising from the very nature of the power to tax itself. 2ndstatement -Constitutional limitations are restrictions founded on the fundamental law of the land:

a.Only the 1ststatement is true

b.Only the 2ndstatement is true

c.Both statements are true

d.Both statements are false

5. 1ststatement -Taxation is inherent in every sovereignty because it may be exercised although it is not expressly granted by the fundamental law.

2ndstatement -Inherent limitation requires the delegation of the power to the State by the authority.

a.Only the 1ststatement is true

b.Only the 2ndstatement is true

c.Both statements are true

d.Both statements are false

6. Failure to pay the license fee makes an act or a business illegal. This is in keeping with the State's power:

a.Police power

b.Power of eminent domain

c.Taxation

d.Military power