Tax Avoidance and Evasion

A professional illustration depicting tax concepts like evasion, avoidance, corporate governance, and financial records in a corporate setting, with diverse individuals engaged in discussions.

Tax Avoidance and Evasion Quiz

Test your knowledge on tax avoidance and evasion with our comprehensive quiz designed to challenge your understanding of these important topics. Gain insights on various types of tax evasion, identify controlling mechanisms, and learn about factors contributing to this issue.

Multiple choice questions
Focus on real-world scenarios
Perfect for anyone interested in tax regulations

6 Questions2 MinutesCreated by CalculatingPineapple47

What are the types of Tax Evasion? (2 answers)

Evasion By Commision

Evasion by Falsification

Evasion by Information

Evasion by Omission

Which are these is considered as Tax Evasion by Omision

Giving False answer to Queries

Prepare, maintain and authorise false book of account or financial records

Deliberately not paying the tax due

Falsifying book of accounts or other records, or authorising the falsification of books of accounts or other records

Based on the presentation, how does the Chinese-based company evade tax

Remitting sales proceeds outside India

Overreporting of expenses

Did not perform audit on financial statements

Bribery

From the Slides what is the best controlling Mechanism for Tax Avoidance and Evasion?

Corporate Governance

Punish Tax Payer who doesn't pay

Enforce stricter rules

Tax Avoidance and Evasion

Tax Avoidance and Evasion Quiz

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