Question

The fundamental canons of taxation by adam smith are

Answer 1

Answer:

Adam Smith originally presented the following four canons of taxation. The rest were developed later:

1. Canon of Equality

2. Canon of Certainty

3. Canon of Convenience

4. Canon of Economy

These 9 canons of taxation are:

1.Canon of Equality

2.Canon of Certainty

3.Canon of Convenience

4.Canon of Economy

5.Canon of Productivity

6.Canon of Simplicity

7.Canon of Diversity

8.Canon of Elasticity

9.Canon of Diversity