Finance · Tax Planning
K has recently entered into a scheme that will reduce its tax bill significantly. It is believed that, while legal, it is designed to defeat the tax laws laid down by the Government. What type of scheme is this?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1None of the above
- 2Tax evasion
- 3Tax avoidance✓
- 4Tax mitigation
Correct answer
Tax avoidance
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