The income shifting and timing strategies are examples of:
A) tax avoidance.
B) tax evasion.
C) illegal taxpayer strategies.
D) all of these.
E) none of these.

Question

Quizplus · Accepted Answer

Income shifting and timing strategies involve legal techniques to minimize tax liabilities, which is known as tax avoidance. Tax evasion involves illegal actions to avoid paying taxes. The strategies mentioned in the options are not illegal taxpayer strategies, so option C is incorrect. Therefore, the correct answer is A.

The Income Shifting and Timing Strategies Are Examples Of