Tax Avoidance and Tax Evasion: Which is which?

Tax avoidance and tax evasion are two terms that must be clearly understood by responsible individuals and companies who are earn money especially in the Philippines. Anyone would like to pay less for taxes, but it is a social and national responsibility to do so.

When you want to lessen your taxes, you may want to resort to tax avoidance instead of tax evasion. Tax avoidance is the legal way to lower your bill through reorganizing your transactions. On the other hand, tax evasion is an illegal way to deceit and conceal your liability.

To know more about Tax Avoidance and Tax Evasion, here’s a quick guide:

Tax avoidance and tax evasion

 

To know more about Tax Evasion and Tax Avoidance, join the 4th Philippine Tax and Accounting Congress as Dr. Ruperto C. Somera, DBA, CPA discusses ways on how to legally and ethically reduce taxes.

Click here to learn more about the event: 4th Philippine Tax and Accounting Congress

(Visited 93 times, 1 visits today)

Comments

comments