Which of the following will be considered as tax evasion?   Reducing tax by paying gift aid donations    Reducing tax by buying an electric car so that first year allowance is claimed   By not declaring a source of income and the actual income intentionally   By utilizing a loophole in the tax system without violating the tax law

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Which of the following will be considered as tax evasion?

 
  1. Reducing tax by paying gift aid donations 

     
  2. Reducing tax by buying an electric car so that first year allowance is claimed

     
  3. By not declaring a source of income and the actual income intentionally

     
  4. By utilizing a loophole in the tax system without violating the tax law

     

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