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Aggressive Corporate Tax Avoidance: Legal or Ethical?

   

Added on  2023-01-13

19 Pages1110 Words82 ViewsType: 82
Political Science
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Financial Crime
Aggressive corporate tax avoidance is
considered legal but can it ever be
ethical? Critically discuss the
question, using case studies to
support your arguments
Aggressive Corporate Tax Avoidance: Legal or Ethical?_1

What is corporate Tax?
Corporate tax or corporation Tax is a
direct tax, levied on net income or
the profit that a corporation makes
from their business activities
(Dowling, 2014).
Aggressive Corporate Tax Avoidance: Legal or Ethical?_2

Taxable profits for the corporate
tax include the money that an
organisation earns from:
Doing business (trading profit)
Selling assets (chargeable gain)
Investment
Aggressive Corporate Tax Avoidance: Legal or Ethical?_3

What do you mean by “tax planning”?
Tax planning is: an arrangement of financial
affairs of an organisation in such a manner, that
the organisation can get advantage of all
exemptions, deduction, rebates without
violating legal provision of an act (Lanis and
Richardson, 2015).
An analysis of financial situation of an
organisation from the perspective of taxation
As a part of good governance, now every
business organisation tries to minimise the
burden of tax through proper taxation planning
process (Greenwood and Freeman, 2018)
Aggressive Corporate Tax Avoidance: Legal or Ethical?_4

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