Power of Taxation (Quiz and Activity)

Power of Taxation Quiz
Test your knowledge about the essentials of taxation and its crucial role in government and society. This engaging quiz consists of 14 questions, covering various aspects of taxation laws, their purposes, and the importance of tax payments.
- Multiple-choice questions on taxation concepts
- Open-ended questions for personal insights
- Sharpen your understanding of fiscal responsibilities
Enforced proportional contribution from person and and property lived by the state by virtue for its sovereignty for the support of the government and for all it's public needs.
Taxes
Rights of the People
Taxation
Power
It is where the sources of the government revenue must be sufficient to meet government expenditures and other public needs.
FiscalAdequacy
Administrative Feasibility
Theoretical Justice
Inherent in Sovereignty
Tax laws must be capable of being effectively enforced with the least inconvenience to the taxpayer.
Administrative Feasibility
Theoretical Justice
FiscalAdequacy
Inherent in Sovereignty
A sound tax system must be based on the taxpayers' ability to pay. Taxation must be uniform and equitable.
Theoretical Justice
Inherent in Sovereignty
Administrative Feasibility
FiscalAdequacy
It refers to the inherent power of the state to demand enforced contribution for public purposes.
Taxation
Taxes
Power of Taxation
Scope of Taxation
It covers persons,property or occupation to be taxed within the government jurisdiction.
Scope of Taxation
Taxes
Power of Taxation
Taxation
Indispensable and inevitable price for civilized society, without taxes, the government would be paralyzed for lack of the motives power to activate and operate it.
Taxation
Price
Value-Added Tax (VAT)
Taxes
Taxes are collected for the following purposes and objectives except;
Taxes are collected for operating private infrastructures and not for the benefits of the whole country.
Non–revenue/Sumptuary Purposes
Revenue Raising from those collected taxes that are intended primarily to finance the government and its activities
Promotion of General Welfare
It is the illegal means of escaping taxation.
Tax Evasion
Tax Exemption
Escaping
Tax Avoidance
It is reducing or totally escaping payment of taxes through legally permissible means.
Tax Avoidance
Tax Evasion
Tax Exemption
Escaping
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