Tax evasion is a legal means to avoid tax liabilities.

Name: Tax evasion is a legal means to avoid tax liabilities.
Brand: Quizplus
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Quizplus · Accepted Answer

Tax evasion is actually illegal and involves intentionally failing to report income or overstating deductions in order to reduce the amount of tax owed. Tax avoidance, on the other hand, is the legal use of strategies and loopholes to minimize one's tax liability.

Tax Evasion Is a Legal Means to Avoid Tax Liabilities