Providing employees with private health care benefits involves what type of tax planning?

Name: Providing employees with private health care benefits involves what type of tax planning?
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Question

Quizplus · Accepted Answer

Providing employees with private health care benefits involves tax avoidance, which is the use of legal means to minimize the amount of taxes paid. It is different from tax evasion, which involves illegal means to avoid taxes. Tax deferral and income splitting do not apply to this scenario.

Providing Employees with Private Health Care Benefits Involves What Type