Professional Documents
Culture Documents
Instruction: Kindly Fill Out All The Necessary Information Needed
Instruction: Kindly Fill Out All The Necessary Information Needed
A. Tax Awareness
Instruction: Read and understand the following situations mentioned below. Kindly
fill out the boxes with a check (/) mark to indicate the extent of awareness. Please
answer each item honestly.
1. Taxpayer Education
1 2 3 4 5
A salaried individual can be exempted from paying
1
income taxes.
Requirements are set for the deductible items in the
2
income tax of a taxpayer.
3 A taxpayer’s tax liability is non-transferrable.
2. Tax Compliance
1 2 3 4 5
Taxpayers are obliged to pay their income tax liability
1
annually.
Certain penalties are associated in the non-compliance
2
of the tax liability.
The date of filing the business tax return is set on the
3
15th day of the 4th month of the year.
3. Tax Penalties
1 2 3 4 5
Tax penalties are imposed upon non-compliance of the
1
tax liability due.
There shall be imposed, in addition to the tax required to
2 be paid, a penalty equivalent to twenty-five percent
(25%) of the amount due.
Failure to make/file/submit any return or supply correct
information at the time or times required by law or
3
regulation can result to imprisonment of not less than 1
year but not more than 10 years.
B. Tax Literacy
Instruction: Read and understand the following situations mentioned below.
Kindly fill out the boxes with a check (/) mark to indicate your choice. Kindly
answer each item carefully.
1. Tax Education
Corr Incor
ect rect
Tax is a voluntary contribution made by a taxpayer to the
1
government for private use.
Leave pay granted to employees by the employer is not subject
2
to income tax.
Personal Economic Relief Allowance (PERA) is deductible from
3
the taxable income of an employee.
Compensation for services in whatever form paid is included in
4
the computation of taxable income.