Question: a. Explain the difference between income splitting and income shifting. b. Why are taxpayers interested in shifting income from one tax return to another within

a. Explain the difference between income splitting and income shifting.
b. Why are taxpayers interested in shifting income from one tax return to another within the same family or economic unit?
c. Is there a relationship between the tax on unearned income of a minor and taxpayers who attempt to shift income?

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