Page 47 - Strategic Tax Planning for Global Commerce & Investment
P. 47

Strategic Tax Planning for Global Commerce and Investment


             transactions  that  they  have  legally  entered  into  will  be
             respected by the authorities and the courts.


             In  substance,  in  most  jurisdictions,  there  is  a  significant
             difference between the terms: "tax evasion" is illegal whereas"
             tax avoidance" is legal.



















































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