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Definition: Tax Avoidance is the usage of the tax regime in a single legal territory to a person's or business firm's advantage to reduce the amount of tax that is payable by means that are within the law. |
More on financial management: Absorption Costing, Accounts Receivable Factoring, Credit Management, Credit Rating, Customer Profitability Analysis, more on financial management... MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration. We like to keep things short, and provide links to learn more about your subject.
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