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    Taxation of Individuals
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    Exam 3: Tax Planning Strategies and Related Limitations
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    A Taxpayer Earning Income in "Cash" and Not Reporting It
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A Taxpayer Earning Income in "Cash" and Not Reporting It

Question 135

Question 135

Multiple Choice

A taxpayer earning income in "cash" and not reporting it as taxable income is an example of:


A) tax avoidance.
B) tax evasion.
C) conversion.
D) income shifting.
E) None of the choices are correct.

Correct Answer:

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