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Archive for the ‘Tax’ Category
Tax Evasion vs. Tax Avoidance
Tax avoidance and tax evasion are the two ways by which tax payers try to reduce the amount they have to pay to the Bureau of Internal Revenue. While both these terms have the same objective, tax avoidance and tax evasion differ in the means by which the purpose of paying lesser amount of tax [...]
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Kinds of Taxpayers
Taxpayers can be classified in to two major categories – individual and corporation. These major categories can be further divided in different subcategories.
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