Question
Abe is a self employed plumber. He records his invoiced jobs but the private jobs he does on weekends for cash are not reported. How
Abe is a self employed plumber. He records his invoiced jobs but the private jobs he does on weekends for cash are not reported. How would non-reporting of cash income behaviour by Abe be best described for tax purposes?
a) Tax avoidance
b) Tax evasion
c) Tax planning
d) Tax minimisation
Answer is not (a).
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Contemporary Auditing Issues And Cases
Authors: Michael Chris Knapp
3rd Edition
0538891173, 9780538891172
