The purpose of tax planning is to reduce or defer the tax costs associated with financial transactions.

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The purpose of tax planning is to reduce or defer the tax costs associated with financial transactions. What are the general types of tax planning activities? Briefly explain how each of them may reduce or defer the tax cost.

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Canadian Income Taxation Planning And Decision Making

ISBN: 9781259094330

17th Edition 2014-2015 Version

Authors: Joan Kitunen, William Buckwold

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Question Posted: Dec 19, 2015 03:55 AM

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The purpose of tax planning is to reduce or defer the tax costs associated with financial transactions.

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There are three general types of tax planning activities Shifting income from one time period to ano...View the full answer

Canadian Income Taxation Planning And Decision Making

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