2 ms·
Minor technicality, but tax avoidance is legal. Saving in a tax-advantaged account is tax avoidance. The problem with what Switzerland was doing is that it was
by asdfasgasdgasdg 7y ago
Minor technicality, but tax avoidance is legal. Saving in a tax-advantaged account is tax avoidance. The problem with what Switzerland was doing is that it was aiding and abetting tax evasion.
Most of the time people get this wrong the other way. I've never seen the evasion->avoidance transposition. So, I thought I might share. No harm meant. :)