5. 1st statement – The Legislative Department levies the taxes. 2nd statement - The Executive Department, through the Department of Finance's line agency, the Bureau of Internal Revenue makes the assessment and collection of internal revenue taxes. a. Only the 1st statement is true b. Only the 2nd statement is true c. Both statements are true d. Both statements are false

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Chapter12: The Design Of The Tax System
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Hello can you help answer the 3 questions below? It is multiple choice questions. Thank you in advance! It will be a big help for me :)
5. 1st statement – The Legislative Department levies the taxes.
2nd statement – The Executive Department, through the Department of Finance's line
agency, the Bureau of Internal Revenue makes the assessment and collection of internal
revenue taxes.
a. Only the 1st statement is true
b. Only the 2nd statement is true
c. Both statements are true
d. Both statements are false
14.. Which is NOT a constitutional limitation on the power of taxation?
a. Application of the same law with the same taxapayers
b. No person shall be imprisoned for non-payment of tax
c. The requirement of notice and hearing in assessment
d. The state, unless declared void by the courts, cannot renege on its
obligation or contractual agreements
15. Which is NOT a remedy in double taxation?
a. Application of tax treaty relief
b. Payment of the tax
c. Tax payment is an expense
d. Treatment of the paid tax as credit
Photo Grid
Transcribed Image Text:5. 1st statement – The Legislative Department levies the taxes. 2nd statement – The Executive Department, through the Department of Finance's line agency, the Bureau of Internal Revenue makes the assessment and collection of internal revenue taxes. a. Only the 1st statement is true b. Only the 2nd statement is true c. Both statements are true d. Both statements are false 14.. Which is NOT a constitutional limitation on the power of taxation? a. Application of the same law with the same taxapayers b. No person shall be imprisoned for non-payment of tax c. The requirement of notice and hearing in assessment d. The state, unless declared void by the courts, cannot renege on its obligation or contractual agreements 15. Which is NOT a remedy in double taxation? a. Application of tax treaty relief b. Payment of the tax c. Tax payment is an expense d. Treatment of the paid tax as credit Photo Grid
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