Being legislative in nature, the power to tax may not be delegated, еxcept a. Tolocal gavemments or poltical subdivisions b. When alowed by the Constituton c When delegation reiates merely to administrative implementation that may call for some degree of discretionary powers under a set of sufficient standards expressed by law or implied from the policy and purpose of the Act d. All of the choices

Being legislative in nature, the power to tax may not be delegated, еxcept a. Tolocal gavemments or poltical subdivisions b. When alowed by the Constituton c When delegation reiates merely to administrative implementation that may call for some degree of discretionary powers under a set of sufficient standards expressed by law or implied from the policy and purpose of the Act d. All of the choices

SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter2: Working With The Tax Law

Section: Chapter Questions

Problem 4P

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Similar questions

In case of ambiguity, tax exemptions shall be interpreted liberally in favor of the government. Group of answer choices True False
Taxation is an inherent power being an attribute of sovereignty. The following are manifestations of taxation being an inherent power, EXCEPT? Courts cannot issue an injunction to enjoin the collection of taxes There should be no improper delegation of the power to tax. Taxes may be imposed even without a constitutional grant The State has the right to select the subjects and objects of taxation.
The power to tax is provided for by the Constitution, the National Internal Revenue Code, Special Laws, and administrative revenue issuances. Group of answer choices True False
Please answer asap,i will rate u thanks! Settled is the rule that in tax matters, the government is not estopped by the errors or mistakes committed by its agents or officers. This should be construed to mean that: a) The state may still collect prescribed taxes. b) BIR can still present evidence to prove as¬sessment. c) The power to tax is plenary and compre¬hensive. d) The power to tax is supreme and unlimited.
All are characteristics of the power of taxation, EXCEPT? a. It is an inherent power, b. It is legislative in character c. It is a civil in character.. d. It is a subject to inherent and constitutional limitations.
Which is NOT a constitutional limitation on the power of taxation?a. Application of the same law with the same taxapayersb. No person shall be imprisoned for non-payment of taxc. The requirement of notice and hearing in assessmentd. The state, unless declared void by the courts, cannot renege on its obligation or contractual agreements
1. In view of the powers vested by the Tax Code to the Commissioner of Internal Revenue (CIR), the CIR accredited specific banks and authorized such as its agent in receiving payments of taxes. The act of the CIR is in keeping with the principle of: a. Administrative Feasibility b. Fiscal Adequacy c. Situs of Taxation d. Theoretical Justice
The following are the reserved powers of Congress in exercising taxation, except:a. Determination of the deficiency taxesb. Discretion on who to taxc. Identify the method how to collect the taxd. The purpose of the levy
The following are constitutional limitations on the power of taxation, except one: * A. Public purpose B. No imprisonment for non-payment of poll tax C. Equal protection of law D. Power of the President to veto items in a revenue bill
an ideal tax system should conform to certain principles. which of the following statement is not generally regarded as a principle of an ideal tax a - it should be convenient in terms of timing and payment b - it should raise as much money as possible for the government c - it should not be arbitrary, it should be certain d - it should be fair to different individuals and should reflect a persons ability to pay
i need definations only with example Deferred taxation defination ?
Which one of the following statements is NOT correct about taxation? (A) Taxes produce revenue for government operations. (B) Itemized deductions provide a larger deduction amount than the standard deduction. (C) Taxation is used to influence the behavior of individuals, businesses, nonprofit entities, and even the government. (D) Tax rates and deductions are impacted by a taxpayer’s filing status.