The Controller of Little Company Ltd

question 4

Multiple Choice

The controller of Little Company Ltd.has decided to sell a piece of capital equipment after the company's year-end in order to avoid paying tax on capital gains this year.The controller is engaging in

• A)tax planning.
• B)tax avoidance.
• C)tax evasion.
• D)GAAR.

---

Definitions:

68%

In the context of a normal distribution, it refers to the percentage of data that falls within one standard deviation of the mean.

Germination Rate

The percentage of seeds that successfully sprout and begin to grow over a given period.

Seeds

The reproductive material of plants, usually enclosed in a protective outer covering, capable of developing into another plant.

Standard Deviations

Measures of the amount of variation or dispersion of a set of values, indicating how much the values differ from the mean of the set.