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The following are components of effective tax planning, except : Group of answer choices Avoid the recognition of income. Structure business transactions to evade tax.

The following are components of effective tax planning, except:

Group of answer choices

Avoid the recognition of income.

Structure business transactions to evade tax.

Defer the recognition of income (or accelerate deductions).

Convert the classification of income (or deductions) to a more advantageous form.

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