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 ?
Open procedure for the award of contracts for service management assessment of evasion and / or avoidance of tax revenue ICI-IMUTASI-TARSU-TARES-TARI, and the procedure for forcible collection of tax revenues and assets of the organization.
7701 (I) and the anti-conduit regulations give the IRS the power to disregard certain intermediate parties in a finance arrangement for withholding tax purposes to prevent avoidance of tax.
Chairwoman Josephine Feehily launched a staunch defence of Revenue's role and denied a senior whistleblower's allegations that the avoidance of tax was not properly investigated.
In HMRC's view, this has led to unacceptable avoidance of tax, as LLPs and members who would be treated as employees in a traditional partnership have been able to benefit from large MARKETWATCH National Insurance Contributions savings.
During the meeting, the committee hosted experts from the Secretariat General of Taxation to review the articles of the draft double taxation and avoidance of tax evasion agreement, with relation to the tax income between the Sultanate's government and the government of the Kingdom of Spain.
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.
The Foreign Account Tax Compliance Act (FATCA) addresses the avoidance of tax by US persons overseas and places a heavy burden of tax reporting and compliance onto financial institutions.
Calculated, unethical and evil" - Labour MP Margaret Hodge attacks Google for the company's alleged avoidance of tax.
The EBT scheme is the avoidance of tax legally permitted.
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.
We do understand that this is election season in the US and typically these types of reports surface as part of that process but it is unfortunate that despite significant evidence to the contrary, journalists would continue to suggest that the laws of the Cayman Islands encourage avoidance of tax.