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TRUE OR FALSE: Only the State can exercise the inherent powers. Taxation is the process by which the Bureau of Internal Revenue levies and collects

TRUE OR FALSE:

  1. Only the State can exercise the inherent powers.
  2. Taxation is the process by which the Bureau of Internal Revenue levies and collects taxes for use to defray public expenditures.
  3. A person may refuse to pay tax on the ground that he will receive no benefit from it.
  4. Bayanihan to Recover as One Act was enacted into law exempting the frontliners on their additional allowance/compensation related to their function. In case of doubt in application, the interpretation will be most likely in favor of the frontliner.
  5. Tax is a voluntary fee levied by the State.
  6. No person will be imprisoned for non-payment of tax.
  7. Taxes are imposed only for purposes of raising revenues.
  8. The Commissioner of Internal Revenue has the power to impose taxes upon businesses.
  9. Situs is the place or jurisdiction of taxation.
  10. The purpose of requiring payments for applications of license is revenue generation.

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