Basically, the main difference between tax evasion and tax avoidance is the legality aspect. What is Tax Avoidance? Tax avoidance is an arrangement of legally exploiting the taxation system to defeat the intent of law&hellip

Basically, the main difference between tax evasion and tax avoidance is the legality aspect. What is Tax Avoidance? Tax avoidance is an arrangement of legally exploiting the taxation system to defeat the intent of law&hellip
Corporation tax is defined as a levy charged on profits earned by limited companies as well as organizations such as societies, clubs and unincorporated entities. The rate used to calculate corporate tax varies depending on&hellip
FTB reconciliation refers to an accounting process wherein the filed tax income a particular individual or family is checked and compared with the actual benefits received through the FTB or the Family Tax Benefit. This&hellip