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Tax Engineering

Tax evasion


Question

Tax evasion or tax avoidance? Which of these two activities is legal and which one is illegal?

Answer

Tax evasion is the illegal behavior of an individual or company by not paying their taxes. However, tax avoidance is the main foundation of tax planning and is the use of legal resources to get the minimum tax payment. Therefore, when we speak of avoidance we mean a legal tool that allows the taxpayer to avoid paying taxes or lower them. All the governments of high-tax countries enclose this type of legal structures.



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