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> a tax avoidance scheme (even if it sounds illegal, it often isn't) It's never illegal, as far as I know. When it's illegal it's tax evasion.
by robertlagrant 1y ago
> a tax avoidance scheme (even if it sounds illegal, it often isn't)
It's never illegal, as far as I know. When it's illegal it's tax evasion.
- SecretDreams 1y agoIt's always tax evasion, there are just some forms of tax evasion that are legal if you have enough money to make it work.
- deleted 1y ago[deleted]
- zdragnar 1y agoYou don't go to court for tax avoidance. You do go to court for tax evasion.
- blitzar 1y agoIt's tax evasion if you are found guilty, it's tax avoidance if you are found innocent.
- hoofhearted 1y agoYou are never found as innocent within U.S. criminal courts. It’s only guilty or not guilty.
- 91bananas 1y ago"You are innocent until proven guilty". Now lets all build out our truth tables to check if what he said is accurate.
- blitzar 1y agoWhen the doors to the courtroom close the defendant enters a quantum state whereby they are simultaneously innocent and guilty. Once the court room doors open the wave function collapses and a state is revealed.
- zdragnar 1y agoPresumption of innocence is not the same as a court verdict. A court doesn't find innocence, it merely finds not guilty. Should new evidence come to light, new charges can be filed.
- zahlman 1y agoDefinitionally, "tax avoidance" refers to legal methods, and "tax evasion" refers to illegal methods.
- SecretDreams 1y agoI understand the semantics and the legal frameworks. I disagree with their application and the rules in place to enable the wealthiest individuals to preferentially pay lower tax rates than Joe Schmo. It's tax evasion that has been legally codified through lobbying of special interest groups.