Philippine tax laws are, by nature, O a. political. O b. civil. C. political and civil. O d. penal and civil. O O O O

Q: Article and Section in the Philippine Constitution state that "the rule of taxation shall be uniform…

A: Taxes are major source of revenue for the government. There can be several type of taxes like income…

Q: Which of the following is not a basic feature of Philippine Income Taxation? a.Comprehensive tax…

A: Governments charge taxes from individuals or firms with a view to finance the different…

Q: 3. Compare and contrast the following other agencies .s) tasked with tax collections and other fees.…

A: Answer:-  Tax meaning:- A tax is a necessary fee or financial charge that a government imposes on a…

Q: 2. The following are requisites of a valid tax, EXCEPT A. tax must not encroach upon inherent and…

A: Solution Tax                 Tax is the amount that is to be paid to the government or local…

Q: Which of the following is not tax deductible? Gift tax Local income tax Real estate tax…

A: The objective of the question is to identify which among the given options is not tax deductible.…

Q: a. Explain what is meant by general anti-avoidance rule.  B).  State what impact this could have on…

A: Anti-avoidance in general:- The GAAR is a concept that allows a country's Revenue Authority to deny…

Q: Asia owns stock that is listed on the New York Stock Exchange, and this year the stock increased in…

A: Economic income refers to the income earned by any individual or corporation that may be realized or…

Q: n general, the answer to all tax questions or issues must be traced to: A. Supreme Court…

A: Tax questions or issues may arise in the normal course of business. There are different kinds of tax…

Q: Property taxes are considered: a. imposed tax revenues. b. derived tax revenues. c. voluntary…

A: Lets understand all the options. Imposed tax revenue is a revenue generated by the government based…

Q: Basic community tax is an example of _______ while income tax is a kind of _______. A. Poll tax;…

A: Option (b) is correct. National tax ; local tax  As per my knowledge income tax as it being paid  to…

Q: Give three examples of tax evasion in the Philippines

A: Tax evasion means the act of reducing or avoiding taxes by illegal or fraudulent means.

Q: Which of the following is not an underlying objective of the income tax laws? A. Income tax laws…

A: solution: following are the underlying objective of the income tax laws: 1. Income tax laws enable…

Q: Philippine tax laws are: a. Civil, not political, not penal b. Civil, not political, penal c. Civil,…

A: Philippine Tax laws are civil, not penal and not political in nature. But there are penalties…

Q:  Tax Jurisdiction and Double Taxation Basis for taxation come from three common bases for…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: A “tax” has been defined as a compulsory payment which is made to a governmental authority and

A: Tax is a compulsory Charge which a Tax payer need to pay and its kind of levy which is imposed by…

Q: 1.The definition of gross income in the tax law is: A. All items specifically listed as income in…

A: "Since you have asked multiple questions, we will solve first question for you. If you want any…

Q: S1- Tax is an involuntary fee levied on businesses that is enforced by the legislative body in order…

A: As we know that Tax is levied by the government on individual and businesses. Lawmakers makes the…

Q: Taxation has three mains features, one taxes are compulsory, secondly they are used to pay for…

A: Taxation is a compulsory levy under the purview of a judicial system from a person generating income…

Q: Which of the following is not a goal of the tax law? a.Economic goals such as reduction in…

A: Solution: Following are the goal of tax law: 1. Economic goals such as reduction in unemployment. 2.…

Q: Revenue of the government is composed of tax and other source of income. * A. True B. False

A:

Q: Pls answer the all questions Distinguish 1. Tax vs. Debt 2. Tax vs. Penalty 3. National Tax vs.…

A: Since you have posted a question with multiple sub-parts, we will solve the first three subparts for…

Q: 19. The following are not taxable, except:*       a. Refund of fringe benefit tax       b. Refund of…

A: Refund of Philippine income tax Refund of estate or donor’s tax Refund of special assessment   The…

Q: What are two separate events (may be domestic or international) that were influenced by U.S. income…

A: Taxes, particularly income taxes, have existed for as long as we can remember. In the United States,…

Q: The three main tax systems used in the United States include the progressive, proportional, and…

A: The three main tax systems used in the United States are progressive, proportional, and regressive…

Q: enient in terms of timing and payment

A: Introduction : In simple words, tax refers to the amount that an individual or an entity has to pay…

Q: Read Section 1374 for built-in-gain tax 1. When does the tax apply?

A: The answer for the question on the Section 1374 for built - in - gain tax is given hereunder :…

Q: A tax structured so that people with the different incomes pay the same percentage of their income…

A: A tax structured so that people with the different incomes pay the same percentage of their income…

Q: Real property tax is an example of: Group of answer choices Property tax Excise tax Privilege tax…

A: Real property tax is the tax on real property like land and buildings, improvements, machinery, etc.…

Q: 1.Establishes the different entities and their tax liability in the United States.

A: Introduction The entire amount of taxes that a person, business, or other organization owes to the…

Q: Mary and l id costs for a solar na

A: Today due to rising pollution and environment hazards…

Q: What is the tax implication in jamaica if the employment is one of contract of service rather than…

A: The question is asking about the tax implications in Jamaica for two different types of employment…

Q: of an ad valorem tax on person al use property than for busine

A: Ad valorem taxes are proportional to the value of the asset on which it is charged.

Q: It is the place where an authority has the right to impose and collect taxes. *         a. Source…

A: Tax: It refers to a mandatory financial levy imposed by the government on the taxpayer including…

Q: 1. Which is the most accurate definition of income in the Philippines? Group of answer choices Is…

A: As per our protocol we provide solutions to only one question but as you have posted multiple…

Q: Which of the following statements is / are correct?

A: Refundable tax credits include earned income credit. Non refundable tax credits are those credits…

Q: What is the difference between a progressive tax, a proportional tax, and a regressive tax?

A: Tax is an important concept in the area of finance. The United states has three types of taxes…

Q: At the federal level, the single most important tax, accounting for slightly less than half of…

A: The correct answer is:a. personal income tax.Explanation:At the federal level, the personal income…

Q: 1. What does self -assessment mean in Canada taxation?2. What is the progressive tax system in…

A: The term 'self-assessment' in the context of Canadian taxation refers to the system where taxpayers…

Q: Why might the effective tax rate paid on income earned within a country be different from that…

A:

Q: Which of the following is the highest authority for resolving federal tax cases? O US Supreme Court…

A: Tax litigation generally arises when the taxpayer does not pay the taxes or delays the payment of…

Q: Explain the meaning of “equity” in the field of national and international tax law.

A: Introduction: Equity is a concept in national and international tax law that refers to the…

Q: person who is outside Philippine territory may be subject to tax and a person who is within the…

A: Residents  of Philippines  will be subject  to tax if there income is greater than P250000

Q: Which tax does not have a wage base​ limit?   A. FICA−Medicare   B. Federal unemployment tax   C.…

A:

Q: explains the nature (for example, the origin or the reason why the law is imposed) of the…

A: Since Puerto Rico is a U.S. territory with its own government and tax laws, its tax system functions…

Q: Mary spent $21,500 for an executive development course at the Harvard Business School (including…

A: As an employee, you can claim your work-related training as a miscellaneous, itemized deduction,…

Q: Which of the following taxes are regressive, rather than progressive? A. Federal estate tax B. None…

A: A Regressive Tax is the kind of tax in which the income of the assessee does not make a difference.…

Q: Discuss five differences between Zakat and tax.

A: