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Tax Deferral

Question 63

Multiple Choice

Tax deferral


A) is the same as tax avoidance.
B) differs from tax avoidance but may also lower your tax payments because of the compounding effect of untaxed income.
C) is a poor tax planning approach whenever you expect a future marginal tax rate lower than your current marginal rate.
D) is illegal,while tax avoidance is legal.

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