Tax Avoidance and Evasion Scenarios

Tax Avoidance and Evasion Scenarios

9th Grade

15 Qs

quiz-placeholder

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Tax Avoidance and Evasion Scenarios

Tax Avoidance and Evasion Scenarios

Assessment

Quiz

Education

9th Grade

Medium

Created by

Gina Collins

Used 5+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do tax avoidance and tax evasion impact other taxpayers and the economy? Why is it important to maintain fairness?

They lead to increased tax rates for compliant taxpayers and can harm public services.

They have no impact on other taxpayers or the economy.

They result in a surplus of government funds.

They encourage more people to pay taxes.

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Tax evasion is an illegal activity in which a person or entity deliberately avoids paying a true tax liability.

TAX EVASION

TAX AVOIDANCE

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

It refers to the use of legal methods to minimize the amount of income tax owed by an individual or a business.

TAX EVASION

TAX AVOIDANCE

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

It must be intentional, consisting of deception wilfully and deliberately done or resorted to in order to induce another to give some legal right.

TAX EVASION

TAX AVOIDANCE

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Taxpayer lawfully arranges its affairs to minimize taxes by utilizing the loopholes in the tax law.

TAX EVASION

TAX AVOIDANCE

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

A small business that deliberately NOT FILING tax returns is an example of ________

TAX EVASION

TAX AVOIDANCE

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Brooke donates money to a non-profit organization and reports a tax deduction for the amount of her charitable contribution. Is this legal or illegal?

Legal

Illegal

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