Which is illegal?
A) Tax avoidance.
B) Tax evasion.
C) Both tax avoidance and tax evasion.
D) Tax avoidance and tax evasion are both legal but are forms of evasion.
Correct Answer:
Verified
Q30: Refer to table 1, which shows
Q31: The Laffer curve shows the relationship between
A)
Q32: Crowding-in would occur if a:
A) Government increased
Q33: A cut in higher rate taxes has
Q34: An example of deregulation is:
A) Allowing different
Q36: Raising thresholds at which people pay tax
Q37: Which is not an example of a
Q38: Refer to diagram 2. All other things
Q39: Refer to diagram 2. The effect of
Q40: Higher tax rates:
A) Reduce the opportunity cost
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