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tax evasion meaning

Synonyms of "tax evasion""tax evasion" in a sentence

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  • Noun: tax evasion  taks i'veyzhun
    1. The deliberate failure to pay taxes (usually by making a false report)

    Derived forms: tax evasions

    Type of: evasion, nonpayment

    Encyclopedia: Tax evasion


  • [Business]
    noun [U]

    (Accounting )

    the crime of deliberately not paying all the taxes that you should pay:

    new rules aimed at fighting fraud and tax evasion

    to be accused of/charged with/found guilty of tax evasion

    ◆ to clamp down on/curb/fight tax evasion

    tax evader noun [C]:

    a plan to stop tax evaders

    There will be an amnesty for tax evaders, who will pay fines instead of the full sum owed.

    TAX AVOIDANCE


  • [Economics]
    Minimizing tax liabilities illegally, usually by not disclosing that one is liable to tax or by giving false information to the authorities. Evasion is liable to severe penalties.

    Compare:

    tax avoidance.


  • [Finance]
    Illegal by reducing tax burden by underreporting income, overstating deductions, or using illegal tax shelters.

  • [Law]
    Any illegal action taken to avoid the lawful assessment of taxes; for example, by concealing or failing to declare income. Compare TAX AVOIDANCE.

Examples

  • There is often tax evasion in the case of customs duties.
  • Dealing with the black economy in this broader sense, one must also consider tax evasion.
  • Businessman imprisoned and fined for tax evasion
  • tax evasion sentence suspended by court upon appeal
  • He was also fined 75, 000 for the tax evasion
  • Company director jailed and fined for tax evasion
  • Study on tax evasion of multinational corporations
  • How to deal the new behavior of value-added tax evasion
  • On analysing the judgetment standards to the tax evasion
  • Court of appeal upholds tax evasion sentence
  • More examples:  1  2  3  4  5

Other Languages

What is the meaning of tax evasion and how to define tax evasion in English? tax evasion meaning, what does tax evasion mean in a sentence? tax evasion meaningtax evasion definition, translation, pronunciation, synonyms and example sentences are provided by eng.ichacha.net.