Among the following canons of taxation which one has been given by Adam Smith?

CA Foundation · Business Economics · MTP · June 2024
Among the following canons of taxation which one has been given by Adam Smith?
(A) A. Canon of Uniformity
(B) B. Canon of productivity
(C) C. canon of diversity
(D) D. canon of equity

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. canon of equity

Topics: Public Finance

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