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Tax Avoidance vs Tax Mitigation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Tax Avoidance vs Tax Mitigation

  • This topic has 1 reply, 2 voices, and was last updated 3 years ago by AvatarJillyB.
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  • December 20, 2022 at 6:33 am #674936
    Avatarmaximus07
    Participant
    • Topics: 446
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    • ☆☆☆☆

    Can you please tell difference between these two? Tax Avoidance and Tax Mitigation.

    December 20, 2022 at 11:58 am #674971
    AvatarJillyB
    Keymaster
    • Topics: 0
    • Replies: 899
    • ☆☆☆☆

    The difference is between tax avoidance and tax evasion which you will find it chapter 1.

    To mitigate tax means to make it less serious, so you would be legally trying to reduce your tax bill – this is tax avoidance

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