True or False 1. Regulatory tax is intended to achieve some social or economic end. Special assessment is levied only on land and is a personal liability of the person assessed.o Not all taxes imposed and collected by the Bureau of Internal Revenue are internal revenue 2. 3. taxes. Even in the absence of any constitutional provision, taxation power falls under Congress as part of the general power of lawmaking. Toll is a demand of proprietorship, is paid for the use of another's property and may be imposed only by the government. The Bureau of Internal Revenue functions under the supervision and control of the Bureau of Treasury. There are two kinds of double taxation-evasion and avoidance. 8. Penalty is designed to regulate conduct and may be imposed by the government, private individuals or entities. 4. 5. 1, 6. 7. 9. Progressive tax is not imposed in the Philippines. 10. Subject to review by the Secretary of Finance, the BIR Commissioner has the exclusive power to interpret provisions of the NIRC and other tax laws. Income, unless otherwise specified, means cash or its equivalent. The Constitution is a source of tax laws. 11. 12. Income tax is a tax on all yearly profits arising from property, profession, trade or business. The levying of tax is essentially an administrative function. Donor's tax is a direct tax. 13. 14. 15. Excise taxes on specific goods imposed under the National Internal Revenue Code are always specific. Tax evasion is known as tax minimization while tax avoidance is known as tax dodging. 18. Import and export duties are provided for in the Tariff and Customs Code of 1978. In a gratuitous transfer of property, situs is the taxpayer's residence, citizenship or location of the property. Indirect double taxation is unconstitutional. One of the essential characteristics of a tax is that it is an enforced contribution. 16. 17. 19. 20. 21. 22. Income tax is an ad valorem tax. 23. Income tax is an excise tax. 24. Taxes imposed under special laws are not tax laws. 25. Community tax is a poll tax. 26. The power of taxation is inherent in sovereignty. 27. Taxes on distilled spirits, fermented liquors and the like are specific taxes. 28. In the case of intangible personal property, as a rule, situs is the domicile of the owner ever if he has acquired a situs in another place. 29. Real estate tax is a national tax. In determining the situs of taxation, the nature of tax is not to be considered at all. 30.