hich of the following statements NOT correct? a.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Which of the following statements NOT correct?

a.

If a taxpayer is not in agreement with the decision of the Tax Appeals Authority, there is no further action that the taxpayer can take. 

b.

Where a taxpayer loss an appeal, the taxpayer is required to pay interest on the unpaid tax from the payment date statement on the Decision Notice.

c.

Tax planning within the confines of the tax laws is not illegal. 

d.

Effective tax management may result in significant cost savings. 

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