(ii) TRUE OR FALSE QUESTIONS Indicate whether the following statements are True or False. Motivate all your answers. 1 The gross income definition also included capital nature items such as the sale of land 2 According to SARS tax evasion is the same as tax avoidance 3 Exempt income only applies to natural persons and not juristic persons like companies 4 The term trade in the general deductions formula relates to buying and selling of foreign exchange instruments (forex). 5 According to the 2022/2023 year of assessment Value Added Tax (VAT) will be reduced to 13%