Which of the following would constitute tax evasion? a. Henry salary sacrifices future income for which services have not already been provided into superannuation. b. Emily defers prepayments of income to a later income year. c. Jane does not include $50 of interest from her bank account on her tax return. d. Jia establishes a family trust and distributes income between family members equally.
Which of the following would constitute tax evasion? a. Henry salary sacrifices future income for which services have not already been provided into superannuation. b. Emily defers prepayments of income to a later income year. c. Jane does not include $50 of interest from her bank account on her tax return. d. Jia establishes a family trust and distributes income between family members equally.
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter6: Losses And Loss Limitations
Section: Chapter Questions
Problem 40P
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Question
- Which of the following would constitute tax evasion?
a. |
Henry salary sacrifices future income for which services have not already been provided into superannuation. |
|
b. |
Emily defers prepayments of income to a later income year. |
|
c. |
Jane does not include $50 of interest from her bank account on her tax return. |
|
d. |
Jia establishes a family trust and distributes income between family members equally. |
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