evasion of tax


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evasion of tax

n. the intentional attempt to avoid paying taxes through fraudulent means, as distinguished from late payment, using legal "loopholes" or errors. (See: income tax, estate tax)

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The service contract relates to the management of activities to participate in the recovery of tax evasion of tax revenues to ascertain through the preparation, submission and monitoring reports of so-called qualified, within the scope of the law.
The Bill aims to make concealment of income and assets and evasion of tax in relation to foreign assets prosecutable with rigorous imprisonment up to 10 years.
On the other hand the interior secretary showed the sale price of the plot as Rs 10 million during the process of registry of the plot for evasion of tax.
Concealment of income and assets and evasion of tax in relation to foreign assets will be prosecutable with rigorous imprisonment of up to 10 years.
Scrutiny of returns is also undertaken where there is any specific information of evasion of tax given by any Government authority.
Senior Investigating Officer DCI Bannister said: "The sentence handed out sends a clear message to all members of the community that evasion of tax and National Insurance are serious criminal offences.
However, Troup and Harra said they always investigate situations where evidence suggests there may be the avoidance or evasion of tax and would, if they saw it necessary, bring a prosecution.
16 for the year 2013 for ratification of an Agreement between the Kingdom of Bahrain's Government and the Government of Barbados regarding non-dual taxation or evasion of tax imposed on income.
With photos) KUWAIT, April 20 (KUNA) -- In an effort to encourage bilateral investments, Kuwait signed two agreements with Lithuania for the evasion of tax duplication and for the reciprocal protection and encouragement of investments.
There is no doubt the tax returns were fraudulent and the prosecution case is Mohammed knew very well the documents he was submitting were intended to facilitate the evasion of tax.
Before leaving for Swat, he advised everyone to avoid the evasion of tax and zakat and become good Muslims.
Tax fraud in all over the developed economies is willful evasion of tax and it does not cover tax avoidance.