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tax avoidance
(redirected from Avoid Taxes)

   Also found in: Legal, Financial 0.01 sec.
tax avoidance
n
(Economics, Accounting & Finance / Accounting & Book-keeping) reduction or minimization of tax liability by lawful methods Compare tax evasion
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.tax avoidance - the minimization of tax liability by lawful methods
minimisation, minimization - the act of reducing something to the least possible amount or degree or position
Translations
tax avoidance nelusione f fiscale


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However if you are an auditor for the government, you are constantly searching for areas and steps that companies and individuals have taken to avoid taxes, some legal and some illegal.
The bankruptcy court rejected the plan of reorganization proposed by South Beach because it was not approved by a noninsider impaired class of creditors as required by Bankruptcy Code Section 1129(a)(10), and, as alleged by the trustee, its principal purpose was to avoid taxes (In re South Beach Securities, Inc.
The tobacco industry has found yet another way to exploit children and legally avoid taxes.
 
 
 
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