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Economics Grade 12 Unit 5: TAX THEORY AND PRACTICE

national exam questions have come from this unit. It runs 20 pages; one careful study pass takes about 1.8 hours, and its difficulty is moderate among Economics units. Each section below lists the questions set from it, with the year, and opens the page that teaches it.

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5.1 Taxes: Definition, Principles, Objectives and Classifications · read p. 102
Not asked in a national paper yet.
5.1.1 Definition and Terminologies in Taxation · read p. 102
  • 2016 E.C., Q28 – Which one of the following clearly defines taxation?
5.1.2 Objectives of Taxation · read p. 103
Not asked in a national paper yet.
5.1.3 Principles of Taxation · read p. 104
  • 2016 E.C., Q29 – Which one of the following explains the tax principles called "canon of economy"?
5.1.4 Characteristics of a Good Tax System · read p. 105
  • 2017 E.C., Q61 – Which of the following tax approach has the advantage of linking tax equity with the expenditure side of the public budget?
  • 2017 E.C., Q83 – How should taxes be distributed in case of the ability-to-pay approach to taxes?
  • 2017 E.C., Q29 – Which one of the following correctly states about tax incidence?
  • 2017 E.C., Q30 – Which one of the following is the characteristic feature of a good tax system?
  • 2016 E.C., Q36 – Among the following direct taxes, which one is a tax that is imposed on the land and buildings?
  • 2016 E.C., Q38 – The burden and incidence is imposed by one of the following tax categories on different individuals. Which one is it?
5.1.5 Classification of Taxes · read p. 105
Not asked in a national paper yet.
5.1.6 Major Categories and Sources of Taxes · read p. 105
Not asked in a national paper yet.
5.2 Approaches to Tax Equity · read p. 109
Not asked in a national paper yet.
5.2.1 Te Benefits Approach · read p. 109
Not asked in a national paper yet.
5.2.2 Te Ability-to-pay Approach · read p. 109
Not asked in a national paper yet.
5.3 Tax System and Structure in Ethiopia · read p. 110
  • 2017 E.C., Q62 – Which one of the following statements is correct about the nature of tax system in Ethiopia?
5.4 Types of Tax and Tax Accounting in Ethiopia · read p. 111
  • 2018 E.C., Q37 – Which type of tax is imposed and payable on luxury items according to the Ethiopian tax policy?
  • 2017 E.C., Q63 – In Ethiopia, which of the following is correct regarding to the turnover tax?
  • 2017 E.C., Q77 – What is an income tax of an employee works in the one of Ethiopian government development organization with salary of Birr 36,000?
  • 2016 E.C., Q40 – Which one is the type of indirect tax imposed on luxury items and other goods that are demand inelastic when the goods is imported?
5.5 Problems Associated with Taxation in Ethiopia · read p. 116
  • 2018 E.C., Q38 – Suppose an Ethiopian importer is importing commodities by taking a full advantage of the deductions or incentives approved in the tax schedule by the government to reduce its tax obligation. Which one of the following te
  • 2017 E.C., Q64 – Which one of the following is the correct definition of tax evasion?
  • 2016 E.C., Q71 – Which one of the following is the problem of taxation in Ethiopia that is considered to be legal from the point of view of law but poses problems on the tax administration?
  • 2016 E.C., Q72 – What remedial solutions do you think should be put in place to alleviate tax collection problem in Ethiopia?