The tactic of some corporations legally not paying taxes is called:

Question

Quizplus · Accepted Answer

Tax avoidance is the tactic used by some corporations to legally minimize their tax liability by taking advantage of tax loopholes or deductions. Tax evasion, on the other hand, is the illegal act of not reporting or underreporting income to avoid paying taxes. Tax credits are a type of tax incentive offered by the government to encourage certain activities or behaviors, such as investing in renewable energy or hiring veterans. Therefore, the correct answer is B.

The Tactic of Some Corporations Legally Not Paying Taxes Is