Question 35 Tax avoidance is: A an effort by businesses to legally reduce their tax obligations via tax credits and deductions. B a strategy by businesses to establish their headquarters in a low-tax nation. C an effort by businesses to illegally reduce their tax obligations. D a tax that decreases as a percentage of income as incomes rise.
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Step 1: Tax avoidance is the legal use of the tax system to reduce one's tax liability. Show more…
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