This means that source of revenue should be sufficient to address the demand of public expenditures. A. Fiscal adequacy B. Equality C. Administrative feasibility D. Theoretical justice
Choose the letter of the Correct Answer.
1. This means that source of revenue should be sufficient to address the demand of public expenditures.
A. Fiscal adequacy
B. Equality
C. Administrative feasibility
D. Theoretical justice
2. This means that tax should be capable of convenience, just and effective administration.
A. Fiscal adequacy
B. Equality
C. Administrative feasibility
D. Theoretical justice
3. These are taxes imposed by the national government under the National internal Revenue Code and other laws particularly the Tariff and Custom Code.
A. Local
B. National taxes
C. International taxes
D. Direct taxes
4. This is a form of tax paid directly by the individual or corporations directly to the government.
A. Local taxes
B. Direct taxes
C. National taxes
D. Indirect taxes
5. This means that tax burden should be proportionate to the payer’s ability to pay.
A. Fiscal Adequacy
B. Administrative feasibility
C. Equality
D. None of the above
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