6 ways to escape taxation
The six (6) basic ways of escaping taxation are:
[1] Shifting of the burden of the tax;
[2] Capitalization;
[3] Avoidance;
[4] Transformation;
[5] Exemption; and
[6] Evasion.
Note that, under [1], the tax is not shifted but the burdent. Also, [6] is illegal and punishable.
[1] Shifting of the burden of the tax;
[2] Capitalization;
[3] Avoidance;
[4] Transformation;
[5] Exemption; and
[6] Evasion.
Note that, under [1], the tax is not shifted but the burdent. Also, [6] is illegal and punishable.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEig2QAA5rpHEKU8HFumYv6v9z0oqBTr8k5s6F-wK9EhFRp4ip3TrDFcplC6vu3n2zkXXqhNLjjtqL0sZ2ycdqziNgct1gwPZYEkE15P3seX3fIphzMkv0fzusmA9oaYq_M1gTps4YDqig/s200/taxation.png)