tax avoidance

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  • noun

Words related to tax avoidance

the minimization of tax liability by lawful methods

References in periodicals archive ?
Calculated, unethical and evil" - Labour MP Margaret Hodge attacks Google for the company's alleged avoidance of tax.
It's a term of abuse" Food expert Tom Parker Bowles, stepson of the Prince of Wales "I spent four decades keeping dangerous animals behind locks and gates, so it is no different here" Ex-prison officer Chris Weller, who keeps a crocodile as a pet "Calculated, unethical and evil"Labour MP Margaret Hodge attacks Google for the company's alleged avoidance of tax "All this is a pantomime villain thing that Channel 4 has encouraged.
Mukherjee also said that on the recommendation of a committee appointed by him, a circular detailing the avoidance of tax deduction at source (TDS) at multiple levels in international taxation was issued.
That bill, which would "prevent the avoidance of tax through reinsurance through non-tax affiliates," would have the effect reducing capacity in the insurance industry, Kugler.
The way business is done in the avoidance of tax regulations differentiation is made between: legal tax evasion; fraudulent tax evasion;
The official also said that Iran plans to reach agreements with Portugal in a number of fields, including cooperation on standards, investment promotion, avoidance of tax and customs facilities.
The Cabinet approved agreements with Ireland and Vietnam on avoidance of tax and dual tariffs.
less desirable than the higher-taxed alternative, avoidance of tax on
It is possible to replace any existing share options with EMI options if the new grant is for the purpose of recruiting or retaining staff, and provided the main or one of the main purposes is not the avoidance of tax.
What I can't abide is the avoidance of tax that every nurse, teacher, labourer or cleaner has to cough up.
8) For example, it may be appropriate to (1) recognize no benefit from a listed transaction (even where the company obtains a should-prevail opinion), (2) fully or partially reserve a tax position where the principal purpose of the position is the avoidance of tax, or (3) fully recognize a position arising in the ordinary course of business that is supported only by a more-likely-than-not level of confidence.
The avoidance of tax is therefore the result of using acceptable, viable alternatives.
Avoidance of tax schemes, including not withholding income taxes from wages paid to employees;
Deductions for such payments are denied, to the extent that the derivative has as one of its purposes something not within the business purpose of the company, and this specifically includes the avoidance of tax either for that company or any other person.
With IRC section 770 1 (1), as added by the Revenue Reconciliation Act of 1993 (RRA '93), Congress bolstered the IRS's ability to prevent what was considered to be unwarranted avoidance of tax through multiple-party financial engineering.