The use of legally permissible means to reduce tax liabilities is known as tax?

a

evasion

b

avoidance

c

reliefs

d

exemption

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Correct Option
b

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Discussions (3)

Vansilva
6 years ago

Tax avoidance is the legal usage of the tax regime in a single territory to one's own advantage to reduce the amount of tax that is payable by means that are within the law.
Pls sometim is really better to Google out your ans first before you answer.

mmesomanduka
7 years ago

This answer is not correct
Tax relief is the legal way to reduce tax. Avoidance and evasion are illegal

funtojambite
6 years ago

The answer should be tax relief

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