Question - Write a 1,000-1,350 word essay based on the topic Ethics of Tax Avoidance and Tax Evasion
Include the following in your essay:
- What is Tax Avoidance
- What is Tax Evasion
- Is it legal?
- Is it ethical?
- Identify an underlying ethical issue (like the ethics associated with earnings management decisions).
- Critique of ethical situation
- Determine who could be harmed by the ethical situation
- Assess the potential outcomes of the ethical situation from an accounting perspective
- Evaluate how these decisions could be avoided or prevented.