Which of the following is correct?

The Finance function of XZY company, which is based in the UK. are planning how they can minimise the corporation tax costs

Which of the following is correct?
A . Tax avoidance aims to reduce the amount of tax payable and is legal
B . Tax avoidance aims to reduce the amount of tax payable and is illegal
C . Tax avoidance operates within the spirit of the law.
D . Tax avoidance is the same as tax mitigation

View Answer

Answer: A