What Is Tax Evasion and Tax Avoidance?
In the US a willful attempt to evade a tax is a felony, with up to five years in prison plus a fine.
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1.What is tax evasion?
In the US a willful attempt to evade a tax is a felony, with up to five years in prison plus a fine.
2.What is tax avoidance?
Avoidance uses allowances, deductions or timing that the law itself offers; picture a race where avoidance picks the shortest track the course allows.
3.Marge uses an allowance the law offers to everyone who qualifies. What is that?
Marge's case is about the rule's purpose: she uses a rule exactly as the law intends.
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