Select the correct answer. Which phrase refers to the legal act of lowering an individual’s tax liability? A.

Question

Select the correct answer.

Which phrase refers to the legal act of lowering an individual’s tax liability?

A.
mill levy
B.
tax avoidance
C.
tax evasion
D.
underreporting income

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RobertKer 5 months 2021-08-24T23:53:40+00:00 2 Answers 9 views 0

Answers ( )

    0
    2021-08-24T23:55:35+00:00

    Answer:

    A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending …

    0
    2021-08-24T23:55:38+00:00

    Answer:

    B.) Tax Avoidance

    Step-by-step explanation:

    Tax avoidance is the use of legal methods to minimize the amount of income tax owed by an individual or a business.

    Credit: Investopia.com

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