Economics · Taxation

Which of the following correctly distinguishes tax evasion from tax avoidance?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Tax evasion is illegal, while tax avoidance is legal✓
2Both are unethical but legal
3Tax avoidance is illegal
4Both are legal

Correct answer

Tax evasion is illegal, while tax avoidance is legal

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Which of the following correctly distinguishes tax evasion from tax avoidance?

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Which of the following correctly distinguishes tax evasion from tax avoidance?

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