Which of the following scenarios illustrates a potential tax avoidance scheme? 'Select one: a. A shareholder owns two corporations and undertakes legal steps in order to permit loss utilization between the two companies. O b. Property transferred between arm's-length parties is valued at fair market value. O C. Dividends received from shares transferred from a wife to her husband are taxed in the hands of the wife. O d. A man transfers property to his child at a value less than fair market value.

Which of the following scenarios illustrates a potential tax avoidance scheme? Select one: a. A shareholder owns two corporations and undertakes legal steps in order to permit loss utilization between the two companies. b. Property transferred between arm's-length parties is valued at fair market value. c. Dividends received from shares transferred from a wife to her husband are taxed in the hands of the wife. d. A man transfers property to his child at a value less than fair market value