Tax Planning, Avoidance, and Evasion

This video covers the following learning objectives:

• Describe the difference among tax planning, tax evasion, and tax avoidance

  • Clearly explained through definitions, real-world examples, and legal/ethical comparisons.

• Describe tax planning strategies that can be used to reduce tax payable

  • Covered through application-focused discussion of RRSPs, pension income splitting, charitable giving, timing of capital gains, and other compliant strategies.