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Question XXII

2014 Bar · Taxation · 4 sub-questions

XXII. Choose the correct answer. Double Taxation - (1%)
(a)(A) is one of direct duplicate taxations wherein two (2) taxes must be imposed on the same subject matter, by the same taxing authority, within the same jurisdiction, during the same period, with the same kind or character of tax, even if the purposes of imposing the same are different.
(b)(B) is forbidden by law; and therefore, it is a valid defense against the validity of a tax measure.
(c)(C) means taxing the same property twice when it should be taxed only once; it is tantamount to taxing the same person twice by the same jurisdiction for the same thing.
(d)(D) exists when a corporation is assessed with local business tax as a manufacturer, and at the same time, value-added tax as a person selling goods in the course of trade or business.

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