Canons Of Taxation Essay

Political Science Quarterly

Description: The Political Science Quarterly is the oldest and most widely read political science journal in the country. Published since 1886, PSQ offers crucial and timely analysis of both domestic and foreign policy issues as well as of political institutions and processes. PSQ has no ideological or methodological bias and is edited to make even technical findings clear to political scientists, historians, and other social scientists regardless of subfield. Each issue consists of five or six insightful articles by leading scholars as well as 30 to 40 scholarly and useful book reviews.

To browse and search through issues published in the last five years, please visit

Coverage: 1886-2012 (Vol. 1, No. 1 - Vol. 127, No. 4)

Moving Wall: 5 years (What is the moving wall?)

The "moving wall" represents the time period between the last issue available in JSTOR and the most recently published issue of a journal. Moving walls are generally represented in years. In rare instances, a publisher has elected to have a "zero" moving wall, so their current issues are available in JSTOR shortly after publication.
Note: In calculating the moving wall, the current year is not counted.
For example, if the current year is 2008 and a journal has a 5 year moving wall, articles from the year 2002 are available.

Terms Related to the Moving Wall
Fixed walls: Journals with no new volumes being added to the archive.
Absorbed: Journals that are combined with another title.
Complete: Journals that are no longer published or that have been combined with another title.

ISSN: 00323195

Subjects: Political Science, Social Sciences

Collections: Arts & Sciences I Collection, JSTOR Essential Collection

Canons of Taxation

Canons of taxation are considered as fundamental principles of taxation. Adam Smith laid down the following canons of taxation:

1.        Canon of equity

2.        Canon of certainty

3.        Canon of convenience

4.        Canon of economy

1. Canon of equity

This canon is also called the 'ability to pay' principle of taxation. It means that taxes should be imposed according to the capacity of the tax payer. Poor should be taxed less and rich should be taxed more. This canon involves the principle of justice. All persons contribute according to their ability. As the cost of running the government should be equally borne by all, this canon is justified.

2. Canon of certainty

Every tax payer should know the amount of tax to be paid, when to be paid, and where to be paid and also should be certain about the rate of tax to make investment decisions.

3. Canon of convenience

Tax payment should be convenient and less burdensome to the tax payer. e.g. income tax collected at source, sales tax collected at the time of sales and land tax collected after harvest.

4. Canon of economy

This canon signifies that the cost of collecting the revenue should be kept at the minimum possible level. The tax laws and procedures should be made simple, so as to reduce the expenses in maintaining people's income tax accounts. ie. administrative expenditure to be kept at a minimum.
Categories: 1

0 Replies to “Canons Of Taxation Essay”

Leave a comment

L'indirizzo email non verrĂ  pubblicato. I campi obbligatori sono contrassegnati *