The principle that specified that the amount, when and how to pay tax should be...
ECONOMICS
JAMB 2023
The principle that specified that the amount, when and how to pay tax should be made known to tax payer is known as
- A. Principle of economy
- B. Principle of convenience
- C. Principle of simplicity
- D. Principle of certainty
Correct Answer: D. Principle of certainty
Explanation
The principle of certainty states that a tax should be certain and clear to everybody concerned. The time of payment, the manner of payment and the amount to be paid should be clear and plain to the tax payer.
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *