Taxation Audio Lectures
Taxation Audio Lectures
Taxation Audio Lectures
1.
2.
3.
4.
18.
Delegation in favor of local government
units used to be treated as an exception to
delegability to tax power. Inherent power na lang
sya hindi na delegated.
19.
Exercised by legislature legislative in
character bills and laws
20.
What can legislature provides? Subject
matter, manner way, amount.
21.
Isnt is legislative in character, can it be
delegated? NO. exception : yung tatlo, president
bla bla.
22.
Exercised for purpose of raising revenues :
lahat ng taxes collected are forming part of public
funds. They forms part of national treasury.
23.
Every year the congress should approve the
general appropriation act24.
For purposes of raising revenue , walang
public funds, government walang funds to support
itself.
25.
1. Benefit theory ;necessity theory
26.
these are the justification why the
government should collect tax
27.
for promotion of general welfare. Di dapat
direct proportion lang.
28.
Purpose of taxation : reduction of
inequality. Bla bla
29.
What are the importance tariff- in order to
protect locally products
30.
For regulation din ito. The pp is exercised in
aid of taxing power, and sometimes other way
around.
31.
Non- rev purpose naachieve, when tax is
collected, when tax is imposed. Nag increase,
meron pa din priveleges and purposes.
32.
Progressive tayo. Higher income, higher tax
33.
Apportion the burden
34.
Tax payable in money. Payable in legal
tender. Generally payable in money payable in