A(n)______ is an incentive in the tax code for individuals and corporations to invest their money in ways the government desires in exchange for a reduction in tax liabilities.

Question

Quizplus · Accepted Answer

A loophole is a provision in the tax code that allows individuals or corporations to reduce their tax liabilities by investing in ways that align with government incentives.

A(n)______ Is an Incentive in the Tax Code for Individuals