tax evasion
Illegally avoiding paying taxes, failing to report, or reporting inaccurately. The government imposes strict and serious penalties for tax evasion. Tax evasion is different from tax avoidance, which is making use of legal methods to minimize a tax burden.
Related Terms on BusinessDictionary
Popular 'Taxes' Terms
Related Personal Finance Articles
Loading...
tax evasion in the news
Loading...
Enter your email address to get our free Term of the Day newsletter!
tax evasion is ...
... part of the Taxes subject.
Nearby Terms
Search volume for tax evasion
Get our content on your iGoogle page
RSS