For each of the examples listed below, state which of the following three categories of tax planning h applied:
Shifting income from one time period to another Shifting income from one entity to another
Shifting income from one type of income to another.
A. Jack has run a successful proprietorship for the past four years, and has now decided to incorporat company.
B. Karen has decided not to pay herself a dividend from her corporation, (of which she is the sole sha but has chosen to sell a portion of her shares to an associate instead.
C. XYZ Corporation has chosen to delay the recognition of a discretionary reserve until the followin
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