Sue Ann just won a reality TV competition and her prize is three million dollars! She wants to be able to spend as much of her money as she can....and
pay as few taxes as possible. She hires a tax accountant to prepare her taxes for her, as she is unsure of all the tax laws associated with such a large sum
of money. Her tax accountant finds sixteen different deductions that Sue Ann qualifies for under U.S. tax laws which will reduce her taxable income
significantly. Sue Ann is thrilled.
What does the above scenario describe?
tax elusiveness
tax evasion
O voluntary tax responsibility
tax avoidance