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FINALS - 03.01: LOCAL TAXATION: GENERAL PRINCIPLES - Coggle Diagram

- - - - NO TAX ON:
        SECTION 133. Common Limitations on the Taxing Powers of Local Government Units. - Unless otherwise provided herein, the exercise of the taxing powers of provinces, cities, municipalities, and Barangays shall not extend to the levy of the following:
        
        INCOME TAX
        (32) Income tax, except when levied on banks and other financial institutions;
        
        DST
        (33) Documentary stamp tax;
        
        MORTIS CAUSA TAXES:
        a. ESTATE TAX
        b. INHERITANCE
        c. GIFTS
        d. LEGACIES
        (34) Taxes on estates, inheritance, gifts, legacies and other acquisitions mortis causa,...
        
        CUSTOMS FEES:
        
        DUTIES
        
        REG FEES
        
        VESSELS
        
        WHARFAGE
        
        TONNAGE
        (35) Customs duties, registration fees vessels and wharfage on wharves, tonnage dues, and all other kinds of customs fees, charges and dues...
        
        QUASI-CUSTOMS FEES
        (36) Taxes, fee and charges and other impositions upon goods
        carried into or out of, or passing through,
        the territorial jurisdictions of local government units in the guise of charges for
        wharfage, tolls for bridges or otherwise, or other taxes, fees or charges
        in any form whatsoever
        upon such goods or merchandise;
        
        1 more item...
        
        WHARVES OF LGU
        CONSTRUCTED & MAINTAINED
        ...except wharfage on wharves constructed and maintained by the local government unit concerned;
        
        OTHERWISE PROVIDED HEREIN
        ...except as otherwise provided herein;
        
        REAL PROPERTY TRANSFERS
        PWEDE REAL PROPERTY
        -Transfer of RP is LTT
        (Di ko gets ratio)
        
        BANKS & FINANCIAL INSTITUTIONS
        (except when levied on banks and other financial institutions;)
        
        NON-BANKS
        Local Business Tax (Exhaustive list in IRR)
        -Banks & Other financial intermediaries only
        --X: Non-banks and financial intermediaries
        ---XX: Regulatory Fees
        
        REGULATORY FEES
        
        UNLESS OTHERWISE PROVIDED
        HEREIN
    - - UNIFORM IN EACH LGU
        (1) Taxation shall be uniform in each local government unit;
        
        TAXES, FEES, CHARGES, & OTHER IMPOSITIONS SHALL BE:
        (2) Taxes, fees, charges and other impositions shall:
        
        PRIVATE PERSON - NO NO
        (3) The collection of local taxes, fees, charges and other impositions shall in no case be let to any private person;
        
        EXCLUSIVE BENEFIT TO LGU
        (4) The revenue collected pursuant to the provisions of this Code shall inure solely to the benefit of, and be subject to disposition by, the local government unit levying the tax, fee, charge or other imposition unless otherwise specifically provided herein; and,
        
        PROGRESSIVE TAXATION
        (5) Each local government unit shall, as far as practicable, evolve a progressive system of taxation.
        
        a. EQUITABLE; ABILITY-BASED
        (a) be equitable and based as far as practicable on the taxpayer's ability to pay;
        
        b. PUBLIC PURPOSE
        (b) be levied and collected only for public purposes;
        
        c. NOT:
        
        -UNJUST
        -EXCESSIVE
        -OPPRESSIVE
        -CONFISCATORY
        (c) not be adjust, excessive, oppressive, or confiscatory;
        
        d. NOT CONTRARY TO:
        
        -LAW
        -PUBLIC POLICY
        -NAT'L ECONOMIC POLICY
        -TRADE RESTRAINT
        (d) not be contrary to law, public policy, national economic policy, or in restraint of trade;
- - - - LGU ONLY
        d) revenues collected shall inure solely to the benefit of the LGU levying the tax, fee, charge or other imposition, unless otherwise provided in the LGC; and
        
        PROGRESSIVE
        e) each LGU must, as far as practicable, evolve a progressive system of taxatio