Tax avoidance is illegal whereas tax evasion is legal.

Name: Tax avoidance is illegal whereas tax evasion is legal.
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Question

Quizplus · Accepted Answer

The statement is incorrect. Tax evasion, which involves willful efforts to not pay taxes that are owed, is illegal. Tax avoidance, which involves organizing one's financial affairs in a way that reduces tax liability, is legal, but may be viewed as unethical depending on one's perspective.

Tax Avoidance Is Illegal Whereas Tax Evasion Is Legal