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Select the correct answer.

Which phrase refers to the legal act of lowering an individual’s tax liability?

A.
mill levy
B.
tax avoidance
C.
tax evasion
D.
underreporting income

Sagot :

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Answer:

A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending ...

Answer:

B.) Tax Avoidance

Step-by-step explanation:

Tax avoidance is the use of legal methods to minimize the amount of income tax owed by an individual or a business.

Credit: Investopia.com

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