Understanding Tax Evasion and Tax Avoidance

Naveen Kumar , Last updated: 21 September 2023  
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Tax avoidance and tax evasion are both related to the non-payment or reduction of taxes, but they differ in legality and intention. Tax avoidance refers to the use of legal strategies or loopholes to minimize tax liability, such as utilizing deductions, credits, or offshore accounts. It is consid

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Naveen Kumar
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Category Income Tax   Report

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