TAXATION

TAXATION

Assessment

Assessment

Created by

Dessa Sibayan

Social Studies

10th Grade

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Medium

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10 questions

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1.

MULTIPLE CHOICE

30 sec • 1 pt

It is a term for when a taxing authority, usually a government, levies or imposes a tax.

2.

MULTIPLE CHOICE

30 sec • 1 pt

Governments impose income taxes on financial income generated by all entities within their jurisdiction, including individuals and businesses.

3.

MULTIPLE CHOICE

30 sec • 1 pt

A type of tax levied on individuals who inherit the estate of a deceased person.

4.

MULTIPLE CHOICE

30 sec • 1 pt

It is a tax on the purchase of a good or service

5.

MULTIPLE CHOICE

30 sec • 1 pt

It is a tax withheld by employers from each employee's salary and is paid to the government.

6.

MULTIPLE CHOICE

30 sec • 1 pt

It is added to a product at every point on the supply chain where value is added.

7.

MULTIPLE CHOICE

30 sec • 1 pt

an individual or business entity that is obligated to pay taxes to a federal, state, or local government.

8.

MULTIPLE SELECT

30 sec • 1 pt

3 types of taxes

9.

MULTIPLE CHOICE

30 sec • 1 pt

how many types of tax in the philippines

10.

MULTIPLE CHOICE

30 sec • 1 pt

are farmers exempt from paying tax? 

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