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1.Which of the following statements correctly explains the difference between tax evasion and tax avoidance?
Both tax evasion and tax avoidance are illegal, but tax evasion involves providing HM Revenue and Customs with deliberately false information.
Tax evasion is illegal, whereas avoidance involves the minimization of tax liabilities by the use of lawful means
Both tax evasion and tax avoidance are illegal, tax evasion involves providing HM Revenue and Customs with deliberately false information.
Tax avoidance is illegal, whereas tax evasion involves the minimization of tax liabilities by the use of any lawful mean.
