ADVERTISEMENT

Second-guessing the taxman is bad


There is a distinct difference between tax evasion and tax avoidance. Tax evasion is a crime, while tax avoidance is legally right as long as it is in accordance with the law.

Serial tax evaders will forever look at ways to evade paying taxes. They do not fret about officers from the Inland Revenue Board (IRB) nor fear investigations into their sources of income.

Taxation , shan , alternative view , feb16

   

ADVERTISEMENT