Which of the Following Statements About Tax Planning Is False

question 52

Multiple Choice

Which of the following statements about tax planning is false?

• A)The goal of tax planning is tax minimization.
• B)Tax planning involves structuring transactions to reduce tax costs or increase tax savings.
• C)Sound tax planning ideas should be entirely legal.
• D)None of the above is false.

---

Definitions:

Research

The systematic investigation into and study of materials, sources, etc., in order to establish facts and reach new conclusions.

Orientation

An individual’s inherent or manifest direction of sexual or romantic attraction; also refers to a person's adaptation to a new environment or situation.

Sexual Scripts

Sexual scripts refer to the socially learned guidelines that people follow in understanding and performing sexual behaviors.

Culture

The shared beliefs, values, norms, behaviors, and artifacts that are passed from one generation to the next, influencing the social identity and practices of a particular group.