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Re: Frankie Dettori

0 2
No, most people dont do it.

1- Tax mitigation-ISAs, pensions. Things written in law to give a tax benefit to incentivise savings and investments.

2- Tax avoidance- contrived arrangements to exploit loopholes in the law in order to reduce your or your companies' tax liability

3- Tax evasion- deliberately not declaring income you knowingly received.

There's an argument that 2 should be punished just as severely as 3, but there's a world of difference between 1 and 2.

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