For each of the examples listed below,state which of the following three categories of tax planning has been applied:
1.Shifting income from one time period to another
2.Shifting income from one entity to another
3.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 incorporate his company.
B.Karen has decided not to pay herself a dividend from her corporation,(of which she is the sole shareholder),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 following year.

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The Answer of For each of the examples listed below,state which of the following three categories of tax planning has been applied:
1.Shifting income from one time period to another
2.Shifting income from one entity to another
3.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 incorporate his company.
B.Karen has decided not to pay herself a dividend from her corporation,(of which she is the sole shareholder),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 following year.

For Each of the Examples Listed Below,state Which of the Following