About this document
FYCE Taxation Principles Overview by Lisanna Dragneel is a document available to read on EtoBox.
1. The document discusses the general principles of taxation in the Philippines, including the inherent powers of the state to tax, theories of taxation, and limitations on taxation. 2. It outlines key principles of a sound tax system including fiscal adequacy, administrative feasibility, and theoretical justice/ability to pay. 3. Limitations on taxation include territoriality, international comity, public purpose, and non-delegability of taxing power to other entities. Exemptions are construed strictly a
- Author
- Lisanna Dragneel
- Language
- EN