What is the difference between tax avoidance and tax deferral?

Question

Quizplus · Accepted Answer

The Answer is Tax avoidance is a form of tax planning in which the taxpayer, through means that are within the boundaries of tax legislation, arranges his affairs in a manner that allows him to receive benefits without the payment of taxes.Tax planning to achieve tax deferral involves either the delayed recognition of income, or the accelerated recognition of deductions.The payment of tax is delayed, as opposed to permanently avoided.

What Is the Difference Between Tax Avoidance and Tax Deferral