Choose the Word or Phrase in [ ] Which Will

question 21

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Tax [avoidance | evasion] focuses on reducing taxes in ways that are legal and compatible with the intent of Congress.

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Definitions:

Single Entity

A business or organization that is legally recognized as a single unit, distinct from its owners or shareholders.

Exporting

The act of sending goods or services to another country for sale.

Foreign Markets

Markets outside the domestic borders where companies can expand their operations and sales.