📚 Key Vocabulary
Click on each term to reveal its definition.
❓ Quiz: Concepts & Compliance
1. Which of the following accurately describes the difference between tax evasion and tax avoidance?
2. A jurisdiction that offers extremely low or zero tax rates to attract foreign investment is commonly known as a:
3. What does the acronym 'GAAR' stand for in the context of tax legislation?
🔗 Match the Term to its Definition
Click a **Term** then click its matching **Definition**.
Terms
Definition
📝 Scenario: Fill in the Blanks
Click a word from the bank and then click a gap. **To deselect/clear, click the filled gap to return the word.**
1. Multinational corporations often use a ... company in a tax haven, which is a non-operating entity.
2. Tax strategies that push the boundaries of the law are coming under increasing ... from global tax bodies.
3. Authorities are targeting highly ... tax planning that is clearly designed solely to avoid tax.
4. A change in an individual's ... can have major implications for their global tax bill.
5. The key is distinguishing between ... tax mitigation and outright avoidance.