Special tax treatment given to specific types of behavior are called
A)tax avoidance.
B)tax evasion.
C)tax loopholes.
D)tax burden.

Question

Quizplus · Accepted Answer

Tax loopholes are special tax treatments given to specific types of behavior, often resulting in decreased tax liability for those who qualify. Tax avoidance refers to legal methods used to reduce tax liability. Tax evasion, on the other hand, refers to illegal methods used to avoid paying taxes. Tax burden refers to the overall amount of taxes a person or entity is required to pay.

Special Tax Treatment Given to Specific Types of Behavior Are