Ethics (CH #03)

Question 1

Canons of Taxation by adam smith and additional canons of taxation?

Answer 1

1-canon of equality
2-canon of certainity
3-canon of economy
4-canon of convenience

Additional canons:
5-canon of elasticity
6-canon of flexibility
7-canon of productivity
8-canon of simplicity
9-canon of diversity

Question 2

Approaches to ethics for tax compliance?

Answer 2

1-Utilitarianism
2-Deontology
3-Virtue Ethics

Question 3

Tax Avoidance & Evasion?

Question 4

Difference between tax avoidance and evasion?

Question 5

Powers of Tax Administrators ? and misuse of these powers can result in what?

Question 6

Explain Pilars of Tax Administration?

Answer 6

1- Fairness
2- Transparency
3- Accountability
4-Equity

Question 7

Ethical issues under pillars of administration?

Question 8

Principles to avoid ethical issues by tax administration authorities?

Question 9

Responsibilities of tax implementing authorities?

Question 10

Ethics for tax practitioners/Chartered Accountants?