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IRB 2016-47 (Rev. November 21, 2016)HIGHLIGHTS OF THIS ISSUE These synopses are intended only as aids to the reader in identifying the subject matter covered. They may not

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14 TAX PLANNING TAX EVASION AND TAX AVOIDANCE LEARNING OUTCOMES After studying this chapter you would be able to -  distinguish between tax planning tax avoidance and…

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SETTING THE TAX RATE Calculating Tax Rates and the Procedures to Adopt SESSION OVERVIEW • Explain the different tax rates • Discuss the tax rate calendar • Review the…

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    1 2 TABLE ONE Pre-Tax After-Tax Pre-Tax After-Tax Pre-Tax After-Tax Pre-Tax After-Tax ᴬ 3 TABLE TWO Annual Portfolio Turnover PRE-TAX RETURNS After-Tax…