JAMB - Economics (2023 - No. 23)
The principle that specified that the amount, when and how to pay tax should be made known to tax payer is known as
Principle of economy
Principle of convenience
Principle of simplicity
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.
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