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Ben Shifty conducts business as a retailer. Ben has deliberately understated his closing stock in order to reduce taxable income. Which if the following most

Ben Shifty conducts business as a retailer. Ben has deliberately understated his closing stock in order to reduce taxable income.

Which if the following most correctly describes Ben

s understatement of trading stock?

Question

7

Select one:

Tax evasion

Tax avoidance

Tax planning

Tax error

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