Accountancy, asked by ashwini123ravi, 7 hours ago

is tax planning ethical ?​

Answers

Answered by havyadarji2007
2

★᭄ꦿ᭄Answer★᭄ꦿ᭄

Tax planning is wider in range. It is this method which constitutes 'tax avoidance'. The focus of both legislature and taxpayer is on rules, not on ethical behaviour. As a result, a dominantly rule-bound regulatory and compliance focus is likely to undermine a more principle-based ethical thinking.

Answered by Nikhil0204
4

ANSWER :-

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Tax planning is wider in range. ... It is this method which constitutes 'tax avoidance'. The focus of both legislature and taxpayer is on rules, not on ethical behaviour. As a result, a dominantly rule-bound regulatory and compliance focus is likely to undermine a more principle-based ethical thinking.

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