EXAM/QUIZ - INCOME TAX
MATCHING TYPE: Choose the letter and words of
answer from Column B that corresponds with the items
in Column A.
Column B
Column A
a. Vertical Equity
1. The________is the power of the State to enforce b. Tax evasion
proportional contribution from its subjects to c. Power of taxation
sustain itself. Fill in the blank. d. Double taxation
2. The_______is the general power of State to enact e. Tax exemption
laws to protect the well -being of the people. Fill f. Tax condonation
in the blank. g. Police power
3. The______is the power of the State to take h. Prescription
private property for public use after paying just i. Marshall
compensation. Fill in the blank j. Situs
4. Public services are normally provided within the k. Legislative
boundaries of the State. Thus, the government l. Territoriality of taxation
can only demand tax obligations upon its subjects m. Horizontal equity
or residents within its territorial jurisdiction. This n. Eminent domain
referring to what inherent limitation? o. Tax avoidance
5. Taxes are essential and indispensable to the p. Holmes
continued subsistence of the government. q. Lifeblood
Without taxes, the government would be r. Ability to pay
paralyzed for lack of motive power to activate or s. Doctrine of estoppel
operate it. This is referring to what doctrine of t. Tax amnesty
taxation?
6. “The power to tax involves the power to destroy.
“Taxation power can be used as an instrument of Enumeration:
police power. This is referring to what doctrine of
16-31: Enumerate /List down the 16 Constitutional
taxation?
Limitations of the Power of Taxation.
7. Taxation power may be used to build or
encourage beneficial activities or industries by the Essay:
grant of tax incentives. This is referring to what
32-41: Give the two types of non -resident alien and
doctrine of taxation?
explain.
8. __________occurs when the same taxpayer is
taxed twice by the same tax jurisdiction for the 42–53: Enumerate and explain the 3 income tax
same thing. Fill in the blank. scheme.
9. __________, also known as tax dodging, refers to
any act or trick that tends to illegally reduce or 54- 58: Explain the Return on Capital.
avoid payment of tax. . Fill in the blank. 59-65: Explain the “Tax Schemes Mutually Exclusive
10. __________, also known as tax minimization, Coverage of Income Taxation”.
refers to any act or trick that reduces or totally
escapes taxes by any legally permissible means. .
Fill in the blank.
11. __________, also known as tax holiday, refers to
the immunity, privilege or freedom from being
subject to a tax which others are subject to. Fill in
the blank.
12. ___________ is the lapsing of a right due to
passage of time, Fill in the blank.
13. ___________ is forgiveness of tax obligation of a
certain taxpayer under certain justifiable grounds.
Fill in the blank.
14. _________Is the place of taxation. Fill in the blank.
15. _________ proposes that the extent of one’s
ability to pay is directly proportional to the level of
his tax base. Fill in the blank.
