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When it comes to tax evasion ("avoision") there is no limit of creativity.
by kkielhofner 6y ago
When it comes to tax evasion ("avoision") there is no limit of creativity.
- DamnYuppie 6y agoBut tax avoidance isn't illegal, this has been tested many times in the US courts.
- kkielhofner 6y agoI'm aware of that (hence the parens and quotes) but I was more referring to what could probably best be understood as "common understanding", that is to say that a large portion of the population would probably be shocked at the kind of sophisticated avoision strategies that have been deployed to minimize tax liability. The average Joe doesn't declare $100 in income - evasion. The ultra wealthy don't get taxed on $100,000,000 in income - avoision.