Question
Which one of the following is not a ‘canon of taxation’ according to Adam Smith ?
Answer: Option B
Answer: (b)
In this book, titled ‘The Wealth of Nations, ‘Adam smith only gave four canons of taxation:
canon of equity;
canon of certainty;
canon of convenience; and
canon of the economy.
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Answer: (b)
In this book, titled ‘The Wealth of Nations, ‘Adam smith only gave four canons of taxation:
canon of equity;
canon of certainty;
canon of convenience; and
canon of the economy.
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