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True or false Given 2 possible legal ways of doing a business transaction, one is legally obligated to do the deal in th...

True or false

Given 2 possible legal ways of doing a business transaction, one is legally obligated to do the deal in the way that results in the higher income tax

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Answer #1

False

Reason:-

Higher tax does not mean that it is only legal way. Tax rate not determine legal way of doing business.

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