This is a prerogative of escaping or diminishing a tax liability through availment of ways allowable by law or not contrary to law to mitigate tax liability * A. Tax exemption B. Tax avoidance C. Tax assessment D. Tax evasion
This is a prerogative of escaping or diminishing a tax liability through availment of ways allowable by law or not contrary to law to mitigate tax liability * A. Tax exemption B. Tax avoidance C. Tax assessment D. Tax evasion
Chapter6: Accounting Periods And Other Taxes
Section: Chapter Questions
Problem 12MCQ
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This is a prerogative of escaping or diminishing a tax liability through availment of ways allowable by law or not contrary to law to mitigate tax liability *
A. Tax exemption
B. Tax avoidance
C. Tax assessment
D. Tax evasion
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