evasion of tax

(redirected from Tax avoidance and tax evasion)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia, Wikipedia.
Related to Tax avoidance and tax evasion: Tax planning

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)

Mentioned in ?
References in periodicals archive ?
The influence of education on tax avoidance and tax evasion. eJournal of Tax Research.
Further bolstering the case for transparency, the uneven reputational risk of naming and shaming based on celebrity status or name brand visibility ought to motivate members of society whose tax affairs tell a different story to bring their governments to account for failing to delineate between tax avoidance and tax evasion in a comprehensive manner.
QWHAT is the difference between tax avoidance and tax evasion? ATAX avoidance (or mitigation) is the legal use of the tax regime to your own advantage, for example paying pension contributions and receiving tax relief, or opening a cash ISA and not paying tax on any interest.