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taxation!!!

Forums › ACCA Forums › ACCA BT Business and Technology Forums › taxation!!!

  • This topic has 2 replies, 2 voices, and was last updated 15 years ago by mayfikry.
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  • May 9, 2010 at 10:31 pm #43813
    mayfikry
    Member
    • Topics: 23
    • Replies: 23
    • ☆

    can someone please explain me the difference between tax mitigation and tax avoidance?

    May 9, 2010 at 11:06 pm #60159
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 111
    • ☆☆

    Assuming that you are probably having a tax liability of $100. Tax mitigation is to try to reduce it to an amount less than $100. Conversely, tax avoidance is to find a way not to pay anything at all.

    May 16, 2010 at 8:07 pm #60160
    mayfikry
    Member
    • Topics: 23
    • Replies: 23
    • ☆

    hey, thanks that was a really good example.
    thanks aloot!!! 🙂

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