E ALI AaBbCcl AaBbc AaBbcc AaBbCd AaBbCcD AaBbc Emphasis Heading 1 1 Normal Strong Subtitle Title Paragraph Styles 7. Chapter 3 focused upon the life-long issue of taxes, and how people are always looking for ways to minimize the amount of taxes they have to pay Discuss the differences between the tax avoidance and tax evasion. (4 marks) 8. People want to be sure that their investment portfolio is organized in such a way as to reduce the amount of taxes the person will need to pay on the income that their investments creates. We discussed how interest income, dividend income, and capital gains are taxed Briefly explain how any two (2) of those three (3) types of investment income are taxed (2 marks) 9. Name any one (1) of the tax deferral techniques that we discussed (1 mark)