asked 170k views
2 votes
Whats the difference between tax avoidance and tax evasion

asked
User Chad K
by
6.9k points

2 Answers

1 vote

Answer:

Explanation:

Tax Avoidance is using legal methods to minimize tax liability

Tax evasion is just refusing to pay taxes.

answered
User Shadi Alnamrouti
by
9.6k points
1 vote

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

answered
User Zeppelin
by
7.5k points
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