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GoodMad_ GoodMad_
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Posts: 3898
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7 years ago
Tax deferral
A) is illegal, while tax avoidance is legal.
B) is the same as tax avoidance.
C) differs from tax avoidance but may also lower your tax payments because of the compounding effect of untaxed income.
D) is a poor tax planning approach whenever you expect a future marginal tax rate lower than your current marginal rate.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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bzapianbzapian
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7 years ago
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