tax avoidance

Noun

Meaning

the minimization of tax liability by lawful methods

Source: WordNet

Synonyms

evasion tax evasion evade taxes evade paying taxes evasion of taxes exemption from taxation from taxation illegal evasion of taxes avoid tax avoiding taxes avoid paying tax evading tax tax evaders avoid paying taxes evading taxes
Show all synonyms

Hypernyms

minimization minimisation

Examples

A 2013 to interrogate Mr. Cook about Apple’s tax avoidance quickly was sidetracked by lawmakers gushing to the chief executive about his company’s innovative products. Source: Internet

According to Mr Adongo, the company which would be registered in Jersey, United Kingdom (UK), was a ploy by government to undertake tax avoidance schemes and engage in fraudulent deals. Source: Internet

A simple progressive tax would also discourage tax avoidance. Source: Internet

But according to the Times, Trump’s tax returns show he managed large-scale tax avoidance partly because his supposedly successful businesses — particularly the golf courses — are such money losers. Source: Internet

At the same time, the aged care providers were using sophisticated tax avoidance accounting methods while simultaneously crying poor. Source: Internet

In 2004, however, fiscal deficits grew and grew as tax collections fell, perhaps due to rampant and wide scale tax avoidance and tax evasion incidences. Source: Internet

Close letter words and terms

tax auditor tax authorities tax authority tax avoision tax base tax bearer