Search & Filtering
1. What government institution formulates fiscal policy to ensure adequate funding of our country?
2-6. Name at least 5 bureaus, agencies or government corporations who are under the supervision of no. 1.
7. What government agency is tasked to assess and collect all national internal revenue taxes, fees, and charges, and to enforce all forfeitures, penalties, and fines connected therewith?
8-10. Name the 2019 top 3 corporate taxpayers in the Philippines.
- Which of the following is a final good or service?
- A. A haircut paid for by a student.
- B. Fertiliser purchased by a farm supplier.
- C. Motor vehicle windows purchased by a motor assembly plant.
- D. Diesel fuel bought for a delivery truck
A. List down at least 5 taxable compensation income in the Philippines.
B. Name some individuals who are required to file income tax returns.
1. Explain the Scope of Taxation(Comprehensive).
2. Explain the Scope of Tacarion(Plenary)
3. Explain the Scope of Taxation(Unlimited)
4. Explain the Scope of Taxation(Supreme)
1. What are the basic principles of sound tax system?
2. What are the nature of the state's power to tax?
1. What is taxation?
2. What are the purposes of primary taxation?
3. What are the purposes of secondary taxation?
1. Miss Gina Galang is a teacher in Philippine Open University. During the year, she received 300,000 as salary and in addition is given free meals with a value of 50,000 and a dorm adjacent to the school with a value of 60,000. How much is the gross compensation income of the taxpayer?
2. Suppose the University assigned Ms. Galang to live in the school dormitory (with free meals and lodging) for the convenience of her employer. How much is the compensation income?
A. Read the problem carefully and explain your answer briefly.
1. The government has called upon its residents and citizens to pay taxes and assume monetary burdens so that it can finance public needs and perform its functions. Mr. Dela Cruz refused to pay taxes. Accordingly, he does not care whether the government continue to exist or not. Aside from that he just wanted to save all his millions for himself. Is the contention of Mr. Dela Cruz correct? Why?
List and discuss the two main factors of economic growth according to the production possibility Frontier model.
Explain the basic economic problem of scarcity
