From a tax avoidance viewpoint, the best type of compensation is:a. Salary: current deduction for firm and currently taxed to employee.b. Deferred bonus: deferred tax for company, deferred deduction to employee.c. Dividends: never taxed to firm or to the shareholder.d. Perks: deduction for firm and not taxed to employee.

From a tax avoidance viewpoint, the best type of compensation is:a. Salary: current deduction for firm and currently taxed to employee.b. Deferred bonus: deferred tax for company, deferred deduction to employee.c. Dividends: never taxed to firm or to the shareholder.d. Perks: deduction for firm and not taxed to employee.

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter4: Managing Income Taxes

Section: Chapter Questions

Problem 2LTAI

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