tax avoidance

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tax avoidance

n
(Accounting & Book-keeping) reduction or minimization of tax liability by lawful methods. Compare tax evasion
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
References in periodicals archive ?
Global Banking News-November 15, 2017--Bank Hapoalim accused of helping Canadians avoid taxes
A bevy of leaked financial documents released Sunday unveil how the rich and powerful use offshore accounts to avoid taxes or to obscure investments and assets.
According to a statement released by his public relations firm, the 32-year-old told the judge: "I have never hidden anything, and never tried to avoid taxes.
1 trillion in accumulated profits offshore to avoid taxes, with just 30 of the firms accounting for $1.
The group also backed plans by the Organisation for Economic Cooperation and Development to stop firms moving their profits across borders to avoid taxes.
There is a gap in tax code of Kyrgyzstan, which helps individual businessmen to pay taxes less, in other words, they have opportunities to avoid taxes," Prime Minister of Kyrgyzstan Jantoro Satybaldiev said on March 19 at the session of council for business development and investments.
The tobacco industry has found yet another way to exploit children and legally avoid taxes.
BRITISH tax officials are investigating claims wealthy clients of Lloyds are being encouraged to avoid taxes by channeling money through China.
This is true primarily because some individuals have used the foreign trusts to avoid taxes.
94 AFTR2d 6437 (D MD 2004); the court, after acknowledging the taxpayer's concession that its sole motivation for the transaction was to avoid taxes, nevertheless respected the transaction because the transaction had a real economic burden, which satisfied one element of the two-prong test.
Close the loophole that lets companies avoid taxes by moving their headquarters offshore in name only while maintaining substantial operations here.