What are Tax Evasion and Tax Avoidance? A Simple Explanation for Kids and Beginners

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The video addresses the topics below:
- What is tax evasion
- What is tax avoidance
- Tax evasion vs. tax avoidance comparison
- Tax avoidance is legal, but is it still bad
- How to remember what's tax evasion and what's tax avoidance

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The information presented in the video and the description is for educational purpose only. The presenter(s) / speaker(s) / Easy Peasy Finance are not financial advisors, and do not provide investment advise. Please consult a qualified financial advisor before making any investment decision.