Blog Posts on general principles

General Principles – Part III by Philippines Taxation on Jun 18, 2009This post is a sequel to the limitations of the taxing power of the state. This time let us proceed to the CONSTITUTIONAL LIMITATIONS – those limitations on the state’s exercise of the taxing power specifically provided by the particular...

General Principles of Philippine Taxation – Part II by Philippines Taxation on May 29, 2009Limitations of taxing power Please click here for Part I of the General Principles. While the power does not emanate from a grant, as the same is necessarily inherent upon the existence of the state, exercise of the power is subject to those limitati...

Basic principles of Philippine taxation-Phase I by Philippines Taxation on May 27, 2009Nature of the power to tax, purpose, and scope Taxation is the act of levying the tax, i.e., the process or means by which the sovereign, through its law-making body, raises income to defray the necessary expenses of the government.  It is merely a...