Facutry oF Civiz Law (1734) TAXATION LAW 2018 GOLDEN NOTES FACULTY OF CIVIL LAW UNIVERSITY OF SANTO TOMAS MANILALAW ONTAXATION TABLE OF CONTENTS Strictly based on the 2018 Bar Examination syllabus from the Supreme Court I. GENERAL PRINCIPLES OF TAXATION... A. Definition, Concept and Purpose of Taxation.. Nature and Characteristics of Taxation wn. Power of Taxation as distinguished from Police Power and Power of Eminent Domain . ‘Theory and Basis of Taxation Principles of a Sound Tax System. ‘Scope and Limitations of Taxation 1. Inherent limitations. mmgoos 2. Constitutional limitations... Stages or Aspects of Taxation. Definition, Nature and Characteristics of Taxes.. Requisites of a Valid Tax... ‘Tax as distinguished from other forms of exactions .. Kinds of Taxes. Situs of Taxation ZrRTrEzA Construction and Interpretation. Tax Laws. ‘Tax Exemptions and Exclusions... ‘Tax Rules and Regulations. Penal provisions of Tax LAWS on Non-retroactive application to Taxpayers ... Sources of Tax Laws... ©. Doctrines in Taxation Prospectivity of Tax Laws.. Imprescriptibility of Taxes. Double Taxation .. Power to Tax involves Power to Destroy ... z vawNe Escape from Taxation en )_ Shifting of Tax Burden. b) Tax Avoidance. ©) Tax Evasion... 6. Exemption from Taxation... 7. Doctrine of Equitable Recoupment.... Compensation and Set-off... UNIVERSITY OF Santo Tomas ii 2018 Govoew NoTES SE