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Judge Learned Hand, stated in the Helvering v. Gregory case, that: Anyone may so arrange his affairs that his taxes shall be as low
Judge Learned Hand, stated in theHelvering v. Gregorycase, that:
"Anyone may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury, there is not even a patriotic duty to increase one's taxes."
Do you agree with this quote?Do you believe there is a gray area between "tax planning" and "tax avoidance"?
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