American_Bankers_Association
CTFA · Question #34
The illegal act failing to accurately report income or deductions and in extreme cases, failing to pay taxes altoghter is:
The correct answer is C. Tax Evasion. See the full explanation below for the reasoning.
Taxation
Question
The illegal act failing to accurately report income or deductions and in extreme cases, failing to pay taxes altoghter is:
Options
- ATax avoidance
- BTax Invasion
- CTax Evasion
- DNone of these
How the community answered
(30 responses)- A7% (2)
- B10% (3)
- C80% (24)
- D3% (1)
Topics
#tax evasion#tax avoidance#illegal tax activity
Community Discussion
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