Tax loopholes are provisions in the tax code that allow certain individuals or businesses to reduce their tax liability through methods that may not be available to others. Tax loopholes may be legal, but they may also be criticized for being unfair or for contributing to inequality. Continue Reading Below
Tax loopholes are provisions in the tax code that allow certain individuals or businesses to reduce their tax liability through methods that may not be available to others. Tax loopholes may be legal, but they may also be criticized for being unfair or for contributing to inequality.