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    Overview On Local Taxation

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    Là Chicà
    The document provides an overview of local taxation in the Philippines under the Local Government Code of 1991. It defines taxation and differentiates it from police power. It also discusses the constitutional basis of local taxation, the fundamental principles of local taxation, and how local taxation is exercised through tax ordinances.

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    Overview On Local Taxation

    Uploaded by

    Là Chicà
    14 views12 pages
    The document provides an overview of local taxation in the Philippines under the Local Government Code of 1991. It defines taxation and differentiates it from police power. It also discusses the constitutional basis of local taxation, the fundamental principles of local taxation, and how local taxation is exercised through tax ordinances.

    Original Title

    OVERVIEW ON LOCAL TAXATION

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    The document provides an overview of local taxation in the Philippines under the Local Government Code of 1991. It defines taxation and differentiates it from police power. It also discusses the constitutional basis of local taxation, the fundamental principles of local taxation, and how local taxation is exercised through tax ordinances.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    14 views12 pages

    Overview On Local Taxation

    Uploaded by

    Là Chicà
    The document provides an overview of local taxation in the Philippines under the Local Government Code of 1991. It defines taxation and differentiates it from police power. It also discusses the constitutional basis of local taxation, the fundamental principles of local taxation, and how local taxation is exercised through tax ordinances.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 12

    OVERVIEW ON LOCAL

    TAXATION
    Local Government Code of 1991
    R.A. No. 7160
    OBJECTIVES

     Define “Taxation”.
     Differentiate the power of Taxation from Police Power.
     Know what is Local Taxation.
     Determine the constitutional basis of Local Taxation.
     Understand the Fundamental Principles of Local Taxation.
    WHAT IS TAXATION?

    Inherent power by which the sovereign


    state imposes financial burden upon
    persons and property as a means of
    raising revenue in order to defray
    necessary expenses of the government.
    TAXATION

    1. Inherent power
    2. Financial burden
    3. Upon persons and property
    4. Means of raising revenue
    5. To defray necessary expenses
    WHAT IS POLICE POWER?

    Inherent power of the sovereign


    state to enact laws to promote
    public health, morals,

    public safety and the general


    welfare of the people.
    TAXATION VS. POLICE POWER
    TAXATION POLICE POWER

    Raise revenue to defray necessary Regulation and promotion of


    expenses. general welfare.
    WHAT IS LOCAL TAXATION?

     Power of the local government


    to impose and collect taxes in
    order to raise revenue.

     To enable the LGUs to perform


    the functions for which they
    have been organized.
    CONSTITUTIONAL BASIS
    ARTICLE X, SEC. 5:
    “Each local government unit shall have
    the power to create its own sources of
    revenue and to levy taxes, fees, and
    charges subject to such guidelines and
    limitations as the Congress may provide,
    consistent with the basic policy of local
    autonomy. Such taxes, fees, and charges
    shall accrue exclusively to the local
    governments.”
    WHAT CONSTITUTES AN LGU?
    A Local Government Unit is a territorial and political subdivisions of
    the Republic of the Philippines, such as:
    1. Province
    2. City
    3. Municipality
    4. Barangay
    HOW IS IT EXERCISED?

    Local taxation is exercised through


    tax ordinances passed by the
    Sanggunian.
    FUNDAMENTAL PRINCIPLES
    1. Uniform in each local government
    unit

    2. Taxes, charges, fees, other


    impositions shall be:
    a. Equitable
    b. For public purpose
    c. Not unjust, excessive,
    oppressive or confiscatory
    FUNDAMENTAL PRINCIPLES
    3. Collection shall in no case be let to any
    person

    4. Revenues collected should inure solely to


    the benefit of LGU levying the tax

    5. LGU, as far as practicable, shall evolve a


    progressive system of taxation

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