Adam Smith has enumerated cannons of taxation which are accepted universally they are:
Explanation & Strategy
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Adam Smith's four cannons of taxation are: (1) Cannon of Equality (proportionate to income), (2) Cannon of Certainty (clear and definite), (3) Cannon of Convenience (timing/method convenient for taxpayer), (4) Cannon of Economy (low collection cost). All four are universally accepted.