1. to stabilize prices and stimulate greater/lesser production To increase domestic production: how does tax work on import? Capital deficient businesses? Detrimental or luxurious businesses?

2. Paid either in the place where income is earned or the place of residence of the taxpayer. E.g. Ms. L resides in Quezon City and works in Makati.

3. This is paid where the property is situated. You were born in Pasig. Your current house is situated in Makati and you work in Taguig. Where is your place of payment for your Real Property Tax?

4. This is paid in the place where the business or occupation is located. Ms. S resides in Caloocan City and has a beauty parlor in Manila.

5. Taxes on tangible properties are paid in the place where the property is located Taxes of intangible properties (immovable) is the owner’s domicile This refers to the place of permanent residence of the owner

6. 1) Shifting 2) Capitalization 3) Tax Avoidance (tax minimization) 4) Tax Evasion (tax dodging) 5) Tax Exemption 6) Transformation

7. PASSING OF TAX BURDEN TO CONSUMERS

8. P51.53

9. REDUCING THE PRICE OF A TAXABLE PRODUCT LOW PRICE = LOW TAX

10. MINIMIZING THE TAX DUE BY CONVERSION OR REDISTRIBUTION OF PROPERTIES

11. NOT DECLARING TAXABLE ITEMS ANNUAL TAX DUE: BEFORE APRIL 15

12. IMMUNITY BESTOWED BY LAW ON A TAXPAYER

14. RELIGION/ CHARITABLE OR NON-PROFIT INSTITUTIONS GOVERNMENT ENTITIES INTERNATIONAL COMITY TERRITORIAL JURISDICTION

15. NO TAX ON RELIGIOUS PRACTICES/ PURPOSE NO TAX ON RELIGIOUS, CHARITABLE & NON-PROFIT INSTITUTIONS EXCEPT WHEN PRIEST IS ASSIGNED TO A GOVERNMENT OFFICE

18. GOVT OBTAINS ITS REVENUE FROM TAXING ITS PEOPLE TAXING ONESELF WILL NOT GENERATE INCOME

19. EXCEPT FOR GOVERNMENT OFFICES: TASK IS TO HAVE PROFIT DUTY & FUNCTION TO GIVE SERVICE VS DUTY TO ACCUMULATE PROFIT

20. EXEMPTION OF FOREIGN DIPLOMATS SOVERIGN EQUALITY AMONG STATES UNDER INTERNATIONAL LAW

21. TAX LAWS ARE APPLICABLE WITHIN JURISDICTIONAL LIMITS A person, outside the state, may be taxed where there is relation between him and the taxing state.

23. Baseline: outerpoints

27. LGUS CAN IMPOSE TAX ON LOCAL BUSINESSES WITHIN THEIR JURISDICTION EXCEPT FOR: INCOME TAX REGISTRATION FEES OF VESSELS PETROLEUM PRODUCTS VAT

29. REAL PROPERTY TAX TAXES ON LAND, RESIDENTIAL, PROPERTY, COMMERCIAL, INDUSTRIAL BUILDINGS

30. AMUSEMENT TAX

31. IMPLIES AS A LEGAL EVIDENCE OF OWNERSHIP AND OBLIGATION

37. PER UNIT TAX SIN TAX TO DISCOURAGE THE CONSUMPTION OF SUCH GOODS