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Using the following codes, identify the basic approach(es) to tax avoidance that are used in each of the cases described below. Av = Avoiding income recognition 𝐂 𝐥= Controlling the classification of income or expenditure 𝐉 == Changing tax jurisdictions Po = Postponing income recognition 𝐒 𝐩= Spreading income among related taxpayers None = None of the above a. Albert invests his savings in tax-exempt state bonds. b. Betty invests in nondividend-paying corporate stocks by using borrowed fund
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