No one really wants to pay more taxes than what they have to. After all, taxes can drastically reduce the profits, especially since they focus on the cash or stock. If you think about it, there are millions of other ways to use those money.
Tax avoidance versus tax evasion
Make sure that you know how to make the difference between avoiding taxes and tax evasion. Avoiding taxes is legal and implies a series of procedures needed to minimize the costs of these taxes. The second one is not so legal and can put you in a prison. Continue reading