QUESTIONS:

1. Which theory in
taxation states that without
taxes, a government
would be paralyzed for lack of
power to activate and operate it,
resulting in its destruction?
a. Power to destroy theory
b. Lifeblood theory
c. Sumptuary theory
d. Symbiotic doctrine
1. Which theory in
taxation states that without
taxes, a government
would be paralyzed for lack of
power to activate and operate it,
resulting in its destruction?
a. Power to destroy theory
b. Lifeblood theory
c. Sumptuary theory
d. Symbiotic doctrine
1. Which theory in
taxation states that without
taxes, a government
would be paralyzed for lack of
power to activate and operate it,
resulting in its destruction?
a. Power to destroy theory
b. Lifeblood theory
c. Sumptuary theory
d. Symbiotic doctrine
1. Which theory in taxation states that without taxes, a government would be paralyzed for lack of
power to activate or operate it resulting in its destruction?

A. Lifeblood theory B. Power to destroy theory

C. Sumptuary Theory D. Symbolic Theory

2. The actual effort exerted by the government to effect the exaction to what is due from the taxpayer
is known as?
A. Assessment B. Collection
C. Levy D. Payment

3. An example of a tax where the concept of progressivity finds application is the?

A. Amusement tax B. Excise Tax
C. Income Tax D. Value Added Tax

4. The following individual taxpayers are subject to the graduated income tax rates under the TRAIN
LAW Except?
A. Filipino citizens
B. Resident Aliens
C. Non-Resident Alien engaged in business or trade in the Philippines
D. Non-Resident Alien NOT engage in business or trade in the Philippines

5. Which of the following maybe deducted from the gross compensation income?
A. Bad Debts Written off
B. Depreciation of permanent Assets
C. Optional standard Deductions
D. Premium payments on health and/or hospitalization insurance

6. These are other forms of benefits that are of relatively small value and are given to employees (rank-
and-file and managerial or supervisory) to promote health, goodwill, contentment, and work efficiency.
A. De Maximus Benefits B. De Minimis Benefits
C. De Petty Benefits D. Pan de Benefits

7. The non- taxable limits of 13th month pay and other Benefits is?
A. Php82,000 B. Php90,000
C. Php100,000 D. Zero