Which of the Following Tax Planning Strategies Is Based on the Present

question 12

Multiple Choice

Which of the following tax planning strategies is based on the present value of money?

• A) timing.
• B) tax avoidance.
• C) income shifting.
• D) conversion.
• E) None of the choices are correct.

---

Definitions:

Totality

Refers to the whole of something or a situation being considered in its entirety.

Rawls

A philosopher known for his theory of justice as fairness, emphasizing the principles that society should be structured under.

Veil of Ignorance

Concept from Rawls’ "A Theory of Justice" suggesting decision-makers should make societal rules as if they were ignorant of their own status in society to ensure fairness.

Principles of Justice

Fundamental norms or rules that guide the distribution of burdens and benefits in a society fairly and equitably.