tax avoidance

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Related to Tax avoidance and tax evasion: Tax planning
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  • noun

Words related to tax avoidance

the minimization of tax liability by lawful methods

References in periodicals archive ?
But at the deep end, tax avoidance and tax evasion are very similar beasts, practised by wealthy individuals and corporations with a view to paying as little tax as possible.
But this is precisely where the intractable problem of drawing a line between tax avoidance and tax evasion may be viewed as an opportunity to achieve systemic reform.
The way to sweep away the secrecy and get to the bottom of tax avoidance and tax evasion and cracking down on corruption is to have a register of beneficial ownerships so the tax authorities can see who owns beneficially every company".
TWO recent developments have given us some hope that the UK authorities will begin to pursue a more robust and aggressive approach to combating tax avoidance and tax evasion.
But, because of the grey area between tax avoidance and tax evasion, accountants could end up being penalised by both regulators and clients.