BLT4A Fundamentals of Taxation Exam
2024/2025 Latest Test Questions With Verified
Solutions
Power of taxation is legislative in nature. Therefore, the power
to tax may not be delegated, except
a. To local government units or political subdivisions.
b. None of the above....
BLT4A Fundamentals of Taxation Exam
2024/2025 Latest Test Questions With Verified
Solutions
Power of taxation is legislative in nature. Therefore, the power
to tax may not be delegated, except
a. To local government units or political subdivisions.
b. None of the above.
c. When allowed by the Constitution.
d. When delegation relates merely to administrative
implementation that may call for some degree of discretionary
powers under a set of sufficient standards expressed by law or
implied from policy and purpose of the Act.
e. All of the above. - ANSWER>>>e. All of the above.
statement I. For the exercise of the power of taxation, the state
can tax anything at any time.
statement II. The provisions of taxation in the Philippine
Constitution are grants of power enabling the state to impose
taxes.
a. Only statement II is correct.
b. Only statement I is correct.
c. Both statements are correct.
,d. Both statements are incorrect. - ANSWER>>>b. Only
statement I is correct.
Star College is a non-stock, non-profit educational institution
run by the Archdiocese of Dumaguete. It is occupying the
following buildings:
Building 1 - used as dormitory of its students but open to non-
students who want to stay therein
Building 2 - owned by Mr. Senyor Pedro being leased to Star
College and serving as administration building which houses the
offices for the school president, registrar, principal, dean and
other school officials
Building 3 - used by the students for classroom purposes
Which of the above buildings is exempt from real estate tax?
a. Building 2 and 3
b. Building 1 and 3
c. Building 1 only
d. All of the buildings
e. Building 3 only - ANSWER>>>a. Building 2 and 3
A canon of taxation which means that tax laws must be clear and
concise, capable of proper enforcement, and not burdensome,
convenient as to time and manner of payment.
a. Fiscal feasibility
b. Administrative justice
c. Theoretical justice
d. Fiscal adequacy
, e. Administrative feasibility - ANSWER>>>e. Administrative
feasibility
The actual effort exerted by the government to effect the
exaction of what is due from the taxpayer is known as
a. Levy
b. Imposition
c. Assessment
d. Payment
e. Collection - ANSWER>>>e. Collection
Which of the following is a characteristic of special assessment?
a. Based wholly on benefits (not necessary)
b. Exceptional both as to time and place
c. Not personal liability of the person assessed
d. Levied only on land
e. All of the above - ANSWER>>>e. All of the above
statement I. The distinction of a tax from permit or license fee is
that tax is imposed for regulation.
statement II. Non-payment of tax does not necessarily render
business illegal.
a. Both statements are incorrect.
b. Both statements are correct.
c. Only statement II is correct.
d. Only statement I is correct. - ANSWER>>>c. Only statement
II is correct.
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