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Whats the difference between tax avoidance and tax evasion

User Chad K
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2 Answers

1 vote

Answer:

Explanation:

Tax Avoidance is using legal methods to minimize tax liability

Tax evasion is just refusing to pay taxes.

User Shadi Alnamrouti
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tax avoidance—An action taken to lessen tax liability and maximize after-tax income. tax evasion—The failure to pay or a deliberate underpayment of taxes.

I hope this helps :D

User Zeppelin
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