The difference between tax avoidance and tax evasion is that:

Name: The difference between tax avoidance and tax evasion is that:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Tax avoidance is a legal method of reducing or avoiding taxes by using strategies within the boundaries of the law. Tax evasion, however, is an illegal method of not paying taxes by deliberately failing to report or underreporting income, overstating deductions, or hiding assets. Therefore, option C is the correct answer.

The Difference Between Tax Avoidance and Tax Evasion Is That