Seminars Schedules

Classifications of Taxes

To further understand the concept of taxes, the following classifications are commonly provided: According to subject matter (What is being taxed?): a. Property tax – imposed upon the property located in a particular community. Example is real property tax under the Local Government Code of the Philippines. b. Personal tax – imposed upon a person […]

Limitations on power of taxation

As earlier said, power of taxation is an inherent power where there is no need for an express grant from the Constitution. Such power exists with the existence of the State and need not be granted for it to exist. The power is so broad that the State through the Legislative department can tax on […]

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