Using the codes from Exercise 14, identify the basic approach(es) to tax avoidance that are used in each of the following cases a Retainer Corp is a U S owned corporation that was incorporated abroad The U S shareholders do not plan to repatriate earnings back to the United States for many years b ...

Using the codes from Exercise 14, identify the basic approach(es) to tax avoidance that are used in

Question:

Using the codes from Exercise 14, identify the basic approach(es) to tax avoidance that are used in each of the following cases:
a. Retainer Corp. is a U. S.-owned that was incorporated abroad. The U. S. shareholders do not plan to repatriate earnings back to the United States for many years.
b. Evelyn has her controlled pay her a salary instead of a during the current year.
c. Georgia grows most of her own food instead of taking a second job.
d. At retirement, Tom moves from New York (a state with a high income tax) to Florida (a state with no income tax).
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...